A long term expected risk estimation of maritime accidents through Markov chain approach and probabilistic risk matrix

Among many risk assessment techniques, qualitative, semi-quantitative or quantitative, risk matrix is a common tool to assess risk by allocating frequency and consequence of an accident to one of the pre divided frequency and consequence categories. However, since there is no standardized way to def...

Full description

Bibliographic Details
Main Authors: Dong Jin Kim, Ji Min Sur, Hyeon U. Cho
Format: Article
Language:English
Published: Elsevier 2023-09-01
Series:Asian Journal of Shipping and Logistics
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2092521223000172