Hazard-based duration approach for understanding pedestrian crossing risk exposure at signalised intersection crosswalks – A case study of Kolkata, India

Author(s):  
Rahul Raoniar ◽  
Sajad Maqbool ◽  
Abhinay Pathak ◽  
Mohit Chugh ◽  
Akhilesh Kumar Maurya
Author(s):  
Chiara Verbano ◽  
Maria Crema

Purpose – Energy commodities are characterised by rigid demand and high price volatility, linked to many variables such as climate factors, exchange rates, availability of resources. At the same time, the authorities often set prices, so wholesale energy companies need to create margins carefully by managing the procurement process and selecting appropriate tools to manage the risks associated with the volatility of energy prices. The purpose of this paper is to analyse and evaluate price and volume risks in the energy procurement process considering a “non-speculative” point of view, which is understudied in the literature review. Design/methodology/approach – The paper adopts a quantitative approach to risk evaluation, based on accounting indicators, and applies it to a large Italian energy wholesale company. Findings – A set of key risk indicators to measure price and volume risks is presented in the results, split into synthesis risk, unbalanced risks, modulation risks and risks derived from bilateral contracts. These indicators are applied to the case study, and each risk is prioritised and discussed. Originality/value – This contribution is one of the first attempts to analyse energy procurement risks in a non-speculative approach. The proposed method allows: first, to evaluate and prioritise the three major types in the energy procurement process, second, to observe the trend of risk exposure, third, the performance measurement of the procurement process, and fourth, benchmarking activities if widely implemented in the energy sector.


Author(s):  
Maria Pashkevich ◽  
Anna Krasilnikova ◽  
Dago Antov

Pedestrians are a part of vulnerable road users which safety requires a special attention. Official statistics in Estonia from the last decade returns the following numbers: around 30 % of all road traffic accidents in the country were accidents with pedestrians, 32 % of all traffic fatalities were finished with pedestrian death. Pedestrian crossing has the biggest risk level between all kinds of pedestrian facilities, because it includes a direct conflict point between vehicle and pedestrian traffics. The article presents a method to assess risk of pedestrian crossing users and to determine safety level of this road infrastructure element. This approach is based on observation and collection of infrastructural as well as traffic data, which includes: (1) information about each pedestrian crossing facility, its location and state, (2) data about accidents with pedestrians and their features, (3) data from road traffic measurements. The main advantages of the described method are universality and comprehensiveness. The case study was done in Kristiine district of the city Tallinn, which was chosen as the most typical average district of Estonian capital. Results of this study are also presented in the article.DOI: http://dx.doi.org/10.4995/CIT2016.2016.4124


2010 ◽  
Vol 23 (2) ◽  
pp. 33-52 ◽  
Author(s):  
Sanjay Goel ◽  
Eitel J.M. Lauría

In this paper, the authors present a quantitative model for estimating security risk exposure for a firm. The model includes a formulation for the optimization of controls as well as determining sensitivity of the exposure of assets to different threats. The model uses a series of matrices to organize the data as groups of assets, vulnerabilities, threats, and controls. The matrices are then linked such that data is aggregated in each matrix and cascaded across the other matrices. The computations are reversible and transparent allowing analysts to answer what-if questions on the data. The exposure formulation is based on the Annualized Loss Expectancy (ALE) model, and uncertainties in the data are captured via Monte Carlo simulation. A mock case study based on a government agency is used to illustrate this methodology.


2020 ◽  
Vol 12 (2) ◽  
pp. 736 ◽  
Author(s):  
Christina Hanna ◽  
Iain White ◽  
Bruce Glavovic

Managed retreat presents a dilemma for at-risk communities, and the planning practitioners and decisionmakers working to address natural hazard and climate change risks. The dilemma boils down to the countervailing imperatives of moving out of harm’s way versus retaining ties to community and place. While there are growing calls for its use, managed retreat remains challenging in practice—across diverse settings. The approach has been tested with varied success in a number of countries, but significant uncertainties remain, such as regarding who ‘manages’ it, when and how it should occur, at whose cost, and to where? Drawing upon a case study of managed retreat in New Zealand, this research uncovers intersecting and compounding arenas of uncertainty regarding the approach, responsibilities, legality, funding, politics and logistics of managed retreat. Where uncertainty is present in one domain, it spreads into others creating a cascading series of political, personal and professional risks that impact trust in science and authority and affect people’s lives and risk exposure. In revealing these mutually dependent dimensions of uncertainty, we argue there is merit in refocusing attention away from policy deficits, barrier approaches or technical assessments as a means to provide ‘certainty’, to instead focus on the relations between forms of knowledge and coordinating interactions between the diverse arenas: scientific, governance, financial, political and socio-cultural; otherwise uncertainty can spread like a contagion, making inaction more likely.


2020 ◽  
Vol 5 (13) ◽  
pp. 329-335
Author(s):  
Na’asah Nasrudin ◽  
Hafiszah Ismail ◽  
Yusfida Ayu Abdullah ◽  
Nurul Shakila Khalid

The study aimed to develop models for pedestrian crossings behaviour based on road traffic and human factors. A questionnaire distributed to 663 Shah Alam pedestrians. Respondents were asked to fill out a questionnaire on their perceptions of risks and attitudes concerning walking and road crossings. The modelling analysis showed that there is a significant relationship between the Human Factor and the Crossing Behavior, this study identified two components of the Human Factor that influenced the behaviour of the pedestrian crossing, namely the "risk-taker" and the "rule-follower." Analysis of pedestrian crossings behaviour useful to evaluate the implementation of new pedestrian crossing environments.


2011 ◽  
Author(s):  
Manuela Pulina ◽  
Gary Norman Evans
Keyword(s):  

2018 ◽  
pp. 34-41
Author(s):  
Oscar Manco López ◽  
Santiago Medina Hurtado ◽  
Oscar Botero ◽  
François Legendre

In this article we propose a new methodology for measuring companies with financial risk exposure, based on the concept of duration in assets and liabilities management that can be applied in corporate portfolios. Risk indicators in banks usually try to measure the dynamic of accounts in the income statement and capital levels. With this research, we demonstrate how the methodology can be applied from banks to any company or industry sector. Then, we compare the methods for managing accounts in financial institutions and also identifying their adaptability to any type of corporation. We also made a comparison between the management elements used in financial markets and organizations assets, verifying their adaptability level. Finally, we present a real case study.


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