Risk Assessment in Complex Interacting Infrastructure Systems

@article{Newman2005RiskAI,
  title={Risk Assessment in Complex Interacting Infrastructure Systems},
  author={David E. Newman and Bertrand Nkei and Benjamin A. Carreras and Ian Dobson and Vickie E. Lynch and Paul Gradney},
  journal={Proceedings of the 38th Annual Hawaii International Conference on System Sciences},
  year={2005},
  pages={63c-63c}
}
Critical infrastructures have some of the characteristic properties of complex systems. They exhibit infrequent large failures events. These events, though infrequent, often obey a power law distribution in their probability versus size. This power law behavior suggests that ordinary risk analysis might not apply to these systems. It is thought that some of this behavior comes from different parts of the systems interacting with each other both in space and time. While these complex… CONTINUE READING
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