The Use of Simulation to Reduce the Domain of “Black Swans” with Application to Hurricane Impacts to Power Systems
Author:
Affiliation:
1. University of Stavanger Norway
2. Sandia National Laboratories Albuquerque NM USA
3. University of Michigan Ann Arbor MI USA
Funder
Norges Forskningsråd
DNV GL
National Science Foundation
Publisher
Wiley
Subject
Physiology (medical),Safety, Risk, Reliability and Quality
Link
https://onlinelibrary.wiley.com/doi/pdf/10.1111/risa.12742
Reference32 articles.
1. On the meaning of a black swan in a risk context
2. A new perspective on how to understand, assess and manage risk and the unforeseen
3. On “Black Swans” and “Perfect Storms”: Risk Analysis and Management When Statistics Are Not Enough
4. Beware of the black swan: The limitation of risk analysis for predicting the extreme impact of rare process safety incidents;Murphy JF;Wiley Online Library,2012
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