Special Issue "Rational Decision Making in Risk Management"
A special issue of Administrative Sciences (ISSN 2076-3387).
Deadline for manuscript submissions: closed (30 December 2018)
Any activity can be risky. Risk levels can vary depending on the object, size, processes, members, and activity environments. The analyzed object or processes are subject to political, economic, and social conditions. Risk management is a process that involves defining sources of uncertainty (risk identification), estimating the consequences of uncertain events/conditions (risk analysis), and generating response strategies in the light of expected outcomes. Finally, risk management is based on feedback regarding the actual outcomes and risks. The feedback is received while carrying out identification, analysis and response generation steps repetitively throughout the relevant activity to ensure that the set objectives are met. Risk evaluation attributes are selected considering the interests and goals of object or process, as well as factors that influence decision process efficiency and value creation.
Traditionally, risk assessment processes need to consider several different criteria; therefore, Multi-Criteria Decision Making (MCDM) approaches, and other risk assessment methods are usually used for this purpose.
This Special Issue welcomes articles that offer economic, social, technical and environmental benefits from risk management solutions involving, various decision-making methods, methodologies, models, algorithms and tools for rational decision making.
Dr. Jolanta Tamošaitienė
Manuscript Submission Information
Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All papers will be peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.
Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Administrative Sciences is an international peer-reviewed open access quarterly journal published by MDPI.
Please visit the Instructions for Authors page before submitting a manuscript. Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.
- Risk models, tools and techniques for risk management
- Risk assessment processes
- Operational research and risk management
- Decision-making methods and risk management
- Content and value creation and risk management
- Decrease in risks
- Risk management across different sectors
- Technical risks
- Crisis management risks
- Risks threats
- Corporate risk management
- Business risk management
- Bank risk management
- Financial risk management
- Enterprise risk management
- Project management and risks
- Budget risks
- Infrastructure risk
- Procurement risk
- Strategic management and risks
- Quantitative and risk management
- Quality and risk management
- Human resource and risk management
- Decision support system for risk management