On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review

The emergence of smart technologies in homes comes with various services and functions for everyday life. While a smart home (SH) is associated with great potential in terms of comfort and risk treatment, it also introduces new and alters existing risks. Despite a growing number of academic studies...

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Main Authors: Raphael Iten, Joël Wagner, Angela Zeier Röschmann
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/9/6/113
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author Raphael Iten
Joël Wagner
Angela Zeier Röschmann
author_facet Raphael Iten
Joël Wagner
Angela Zeier Röschmann
author_sort Raphael Iten
collection DOAJ
description The emergence of smart technologies in homes comes with various services and functions for everyday life. While a smart home (SH) is associated with great potential in terms of comfort and risk treatment, it also introduces new and alters existing risks. Despite a growing number of academic studies on SH risks, research is fragmented with regard to its focus on certain disciplines and is still rather technology-focused. In this paper, we fill this gap by providing a comprehensive understanding of relevant risks through a systematic literature review. Following the guidelines of the PRISMA reporting protocol, we search 1196 academic and practitioners’ publications related to household risks or risk perceptions of SH users. A final set of 59 records results in three main themes. They include (1) a synthesis of pre-existing and emerging risks sketching the new risk landscape of SH households, (2) a discussion of the prevailing risk evaluation methods, and (3) a presentation of SH-related risk treatment options with a particular emphasis on insurance. We specify the influence of SH on risks and risk perception, and highlight the relevance of analyzing the interconnection of risks in complex systems, such as SH. Our review lays the basis for assessing SH risks and for enabling more comprehensive and effective risk management optimization.
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spelling doaj.art-0c06cd9dadde4adf89ca19f330b177642023-11-21T23:12:26ZengMDPI AGRisks2227-90912021-06-019611310.3390/risks9060113On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature ReviewRaphael Iten0Joël Wagner1Angela Zeier Röschmann2Institute for Risk & Insurance, ZHAW School of Management and Law, Technoparkstrasse 2, 8400 Winterthur, SwitzerlandDepartment of Actuarial Science, Faculty of Business and Economics (HEC), University of Lausanne, Extranef, 1015 Lausanne, SwitzerlandInstitute for Risk & Insurance, ZHAW School of Management and Law, Technoparkstrasse 2, 8400 Winterthur, SwitzerlandThe emergence of smart technologies in homes comes with various services and functions for everyday life. While a smart home (SH) is associated with great potential in terms of comfort and risk treatment, it also introduces new and alters existing risks. Despite a growing number of academic studies on SH risks, research is fragmented with regard to its focus on certain disciplines and is still rather technology-focused. In this paper, we fill this gap by providing a comprehensive understanding of relevant risks through a systematic literature review. Following the guidelines of the PRISMA reporting protocol, we search 1196 academic and practitioners’ publications related to household risks or risk perceptions of SH users. A final set of 59 records results in three main themes. They include (1) a synthesis of pre-existing and emerging risks sketching the new risk landscape of SH households, (2) a discussion of the prevailing risk evaluation methods, and (3) a presentation of SH-related risk treatment options with a particular emphasis on insurance. We specify the influence of SH on risks and risk perception, and highlight the relevance of analyzing the interconnection of risks in complex systems, such as SH. Our review lays the basis for assessing SH risks and for enabling more comprehensive and effective risk management optimization.https://www.mdpi.com/2227-9091/9/6/113smart homerisk identificationrisk evaluationrisk treatmentinsurance
spellingShingle Raphael Iten
Joël Wagner
Angela Zeier Röschmann
On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review
Risks
smart home
risk identification
risk evaluation
risk treatment
insurance
title On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review
title_full On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review
title_fullStr On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review
title_full_unstemmed On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review
title_short On the Identification, Evaluation and Treatment of Risks in Smart Homes: A Systematic Literature Review
title_sort on the identification evaluation and treatment of risks in smart homes a systematic literature review
topic smart home
risk identification
risk evaluation
risk treatment
insurance
url https://www.mdpi.com/2227-9091/9/6/113
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