On the Semantics of Risk Propagation

Mattia Fumagalli, Gal Engelberg, Tiago Prince Sales, Ítalo José Da Silva Oliveira, Dan Klein, Pnina Soffer, Riccardo Baratella, Giancarlo Guizzardi

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

1 Citation (Scopus)
46 Downloads (Pure)

Abstract

Risk propagation encompasses a plethora of techniques for analyzing how risk “spreads” in a given system. Albeit commonly used in technical literature, the very notion of risk propagation turns out to be a conceptually imprecise and overloaded one. This might also explain the multitude of modeling solutions that have been proposed in the literature. Having a clear understanding of what exactly risk is, how it be quantified, and in what sense it can be propagated is fundamental for devising high-quality risk assessment and decision-making solutions. In this paper, we exploit a previous well-established work about the nature of risk and related notions with the goal of providing a proper interpretation of the different notions of risk propagation, as well as revealing and harmonizing the alternative semantics for the links used in common risk propagation graphs. Finally, we discuss how these results can be leveraged in practice to model risk propagation scenarios.
Original languageEnglish
Title of host publicationResearch Challenges in Information Science: Information Science and the Connected World
Subtitle of host publication17th International Conference, RCIS 2023, Corfu, Greece, May 23–26, 2023, Proceedings
EditorsSelmin Nurcan, Andreas L. Opdahl, Haralambos Mouratidis, Aggeliki Tsohou
Pages69-86
Number of pages18
ISBN (Electronic)978-3-031-33080-3
DOIs
Publication statusPublished - 23 May 2023
Event17th International Conference on Research Challenges in Information Science, RCIS 2023 - Corfu, Greece
Duration: 23 May 202326 Aug 2023
Conference number: 17
https://www.rcis-conf.com/rcis2023/

Publication series

NameLecture Notes in Business Information Processing
PublisherSpringer
Volume476
ISSN (Electronic)1865-1356

Conference

Conference17th International Conference on Research Challenges in Information Science, RCIS 2023
Abbreviated titleRCIS 2023
Country/TerritoryGreece
CityCorfu
Period23/05/2326/08/23
Internet address

Keywords

  • 2023 OA procedure

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