Costs and Benefits of Risk Management

2014 ◽  
pp. 57-71
Author(s):  
Andreas Wittmer
Keyword(s):  
Risk Management ◽  
Costs And Benefits

Evaluating Costs and Benefits of Farm-Level Disaster and Climate Risk Management Good Practices

2021 ◽  
pp. 1975-2000
Author(s):  
Sophie von Loeben ◽  
Lisa Murken ◽  
Niccolò Lombardi ◽  
Stephan Baas
Keyword(s):  
Risk Management ◽  
Climate Risk ◽  
Costs And Benefits ◽  
Good Practices ◽  
Farm Level ◽  
Climate Risk Management

Towards a Business-Driven Process Model for Knowledge Security Risk Management

2015 ◽  
Vol 11 (4) ◽  
pp. 1-18 ◽  
Author(s):  
Ilona Ilvonen ◽  
Jari J Jussila ◽  
Hannu Kärkkäinen
Keyword(s):  
Risk Management ◽  
Knowledge Sharing ◽  
Process Model ◽  
Costs And Benefits ◽  
Security Risk ◽  
Security Risks ◽  
Proposed Model ◽  
New Knowledge ◽  
Sensemaking Process ◽  
Security Risk Management

The purpose of this paper is to introduce a model to manage knowledge security risks in organizations. Knowledge security risk management is a sensemaking process that should be carried out by managers, and the proposed model works as a tool for the sensemaking process. The model is illustrated with an analytical case example. The process model helps to identify knowledge security risks and provides a comprehensive approach to evaluating and balancing the costs and benefits of knowledge sharing and knowledge risk management. The paper addresses calls for research on the emerging topic of knowledge security and the important topic of new knowledge sharing tools from the combined perspectives of business benefits and risk management. The results presented in this paper are preliminary and conceptual, and further research on the topic is suggested. The process model proposed in this paper can be a valuable tool for practitioners aiming to develop knowledge sharing practices in companies, and at the same time need to consider the security of knowledge.

Societal cost-benefit analyses based on quantified drought risks to assess Dutch Delta Program investments

2021 ◽  
Author(s):  
Marjolein Mens ◽  
Gigi Rhee, van ◽  
Femke Schasfoort ◽  
Neeltje Kielen
Keyword(s):  
Climate Change ◽  
Risk Management ◽  
The Netherlands ◽  
Risk Reduction ◽  
Investment Strategy ◽  
Future Climate Change ◽  
Drought Risk ◽  
Costs And Benefits ◽  
Adaptive Policy ◽  
Drought Risk Management

<p>Adaptive policy-making on drought risk management requires integrated assessment of uncertain future developments, policy actions and combinations of those. Preferably, such an assessment is based on quantified drought risks, defined as the integral of drought probability and economic consequences for all relevant sectors impacted by drought. The investment costs of proposed policy measures and strategies (various measures combined) can then be compared with the expected risk reduction.</p><p>We developed a method and assessment instrument to explore drought risk in the Netherlands, now and in the future, as well as in response to policy actions. By quantifying the amount of risk reduction in euro’s/year, we were able to assess costs and benefits of the investments proposed by various stakeholders.  The method has been applied in support of the Netherlands drought risk management strategy as part of the National Delta Program which has to prepare the Netherlands for climate change. Drought risks were quantified by carrying out simulations with the National Water Model and coupled impact modules for five water users: agriculture, shipping, drinking water, industry water, and nature areas. A qualitative approach was taken for the drought effects on nature areas.</p><p>With the approach taken, we were able to assess costs and benefits of the investment strategy proposed by various stakeholders. The risk reduction of a measure differs per scenario, per year and per combination of measures, while the annual costs are the same. Results showed that the strategy was cost-effective under a scenario with ongoing climate change, in which the combined probability of precipitation deficits and low river flows increases. The method also provided insight into the most opportune time to implement the measures, considering uncertainty about future climate change. This provided relevant input for adaptive policy planning on the national scale.</p>

Value-Based Risk Management: Costs and Benefits

2014 ◽  
pp. 239-257 ◽  
Author(s):  
Christian Faupel ◽  
Rolf Michels
Keyword(s):  
Risk Management ◽  
Costs And Benefits

Evaluating Costs and Benefits of Farm-Level Disaster and Climate Risk Management Good Practices

2021 ◽  
pp. 1-26
Author(s):  
Sophie von Loeben ◽  
Lisa Murken ◽  
Niccolò Lombardi ◽  
Stephan Baas
Keyword(s):  
Risk Management ◽  
Climate Risk ◽  
Costs And Benefits ◽  
Good Practices ◽  
Farm Level ◽  
Climate Risk Management

Grower Acceptance of Economic Thresholds for Weed Management in Illinois

1997 ◽  
Vol 11 (4) ◽  
pp. 828-831 ◽  
Author(s):  
George F. Czapar ◽  
Marc P. Curry ◽  
Loyd M. Wax
Keyword(s):  
Risk Management ◽  
Weed Control ◽  
Weed Management ◽  
Insect Control ◽  
Costs And Benefits ◽  
Weed Seed ◽  
Agricultural Chemical ◽  
Economic Thresholds ◽  
General Appearance

Although economic thresholds are often used to make insect control decisions, the use of thresholds for weed management has been limited. Surveys of growers, agricultural chemical dealers, and farm managers/rural appraisers helped identify limitations to grower acceptance of economic thresholds for weed management. Most growers were concerned about harvest problems due to weeds, with 64% identifying this factor as a major limitation. Landlord perception and weed seed production were identified by 38% of the growers as major limitations, while 36% of the growers listed general appearance of the field as reasons. In contrast, 75% of the agricultural chemical dealers and 63% of the farm managers surveyed listed field appearance as a major reason limiting grower acceptance of economic thresholds for weed management. Since grower concerns involve risk management and future profitability, economic weed thresholds that address long-term costs and benefits of weed control decisions may be more fully accepted.

scholarly journals Conditional release of new organisms in New Zealand

2004 ◽  
Vol 57 ◽  
pp. 161-165 ◽  
Author(s):  
C.M.C. Vieglais ◽  
L. Harrison
Keyword(s):  
Risk Management ◽  
New Zealand ◽  
Human Health ◽  
Environmental Risk ◽  
Genetically Modified ◽  
Hazardous Substances ◽  
Costs And Benefits ◽  
Conditional Release ◽  
Environmental Risk Management ◽  
As Species

New organisms are defined as species not present in New Zealand prior to 29 July 1998 the date the New Organisms component of the Hazardous Substances and New Organisms (HSNO) Act 1996 came into effect New organisms also include genetically modified (GM) organisms organisms that have been approved for containment or conditional release and exotic organisms that have been eradicated There are three ways a new organism can occur in New Zealand accidental incursions deliberate but illegal introductions and legal introductions Applications for introductions are evaluated by the Environmental Risk Management Authority (ERMA New Zealand) In October 2003 the HSNO Act was amended to allow for the conditional release of new organisms including GM organisms This paper describes the process for the introduction of new organisms into New Zealand with an emphasis on conditional release to assess the risks costs and benefits of new organisms to human health the environment and the economy

Using the research on intergroup conflict in nonhuman animals to help inform patterns of human intergroup conflict

2019 ◽  
Vol 42 ◽  
Author(s):  
Amanda R. Ridley ◽  
Melanie O. Mirville
Keyword(s):  
Large Body ◽  
Nonhuman Animal ◽  
Intergroup Conflict ◽  
Costs And Benefits ◽  
Animal Groups ◽  
Interesting Article ◽  
Nonhuman Animals

Abstract There is a large body of research on conflict in nonhuman animal groups that measures the costs and benefits of intergroup conflict, and we suggest that much of this evidence is missing from De Dreu and Gross's interesting article. It is a shame this work has been missed, because it provides evidence for interesting ideas put forward in the article.

Sign in / Sign up

Export Citation Format

Share Document