Decision-Making Model Incorporating Risk Behaviorunder Project Risk Management

Qi Ming LI;Li Yin SHEN

Systems Engineering - Theory & Practice ›› 2001, Vol. 21 ›› Issue (10) : 1-8.

PDF(154 KB)
PDF(154 KB)
Systems Engineering - Theory & Practice ›› 2001, Vol. 21 ›› Issue (10) : 1-8. DOI: 10.12011/1000-6788(2001)10-1
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Decision-Making Model Incorporating Risk Behaviorunder Project Risk Management

  • Qi Ming LI(1),Li Yin SHEN(2)
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Abstract

This paper adopts an alternative approach to investigate risk behavior through the investigation of rish characteristic. Following the review on risk characteristics, this study establishes the concept of risk attractiveness, risk constraints and risk balance process. These conceptual developments lead this study to the establishment of risk-behavior decision-making model which integrate risk management techniques and risk behavior.

Key words

risk effect / risk behavior / decision-making model / risk management.

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Qi Ming LI , Li Yin SHEN. Decision-Making Model Incorporating Risk Behaviorunder Project Risk Management. Systems Engineering - Theory & Practice, 2001, 21(10): 1-8 https://doi.org/10.12011/1000-6788(2001)10-1
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