Proceedings of the 29th European Safety and Reliability Conference (ESREL) 2019
DOI: 10.3850/978-981-11-2724-3_0977-cd
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Resilience Management of Infrastructure Systems from a Multistage Decision Making Perspective

Abstract: The paper investigates how resilience can be understood as an operational paradigm for system management from a multistage decision making perspective. Specifically, agents involved in the resilience management aim at an optimum process of sequential preparedness/protection, emergency response, recovery, and adaptation activities, trading off the loss due to lack of system functionality with the needed investment. Agents' decisions are made sequentially aiming at minimizing the overall system loss in the prese… Show more

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Cited by 2 publications
(1 citation statement)
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References 26 publications
(31 reference statements)
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“…Ouyang et al developed a threestage decision-making framework [12] to protect system components against intentional [13] and spatially localized [14] attacks. Fang and Zio formulated resilience enhancement problem as a robust optimization [15,16]. Ouyang et al introduced four mathematical models and their solution algorithms for exactly identifying the optimal protection strategies against worst-case malicious attacks and natural hazards [17].…”
Section: Related Workmentioning
confidence: 99%
“…Ouyang et al developed a threestage decision-making framework [12] to protect system components against intentional [13] and spatially localized [14] attacks. Fang and Zio formulated resilience enhancement problem as a robust optimization [15,16]. Ouyang et al introduced four mathematical models and their solution algorithms for exactly identifying the optimal protection strategies against worst-case malicious attacks and natural hazards [17].…”
Section: Related Workmentioning
confidence: 99%