DEVELOPMENT OF THE METHODOLOGICAL BASIS OF IMPROVING THE EFFECTIVENESS OF RESPONSE TO RISK EVENTS

Journal Title: Економічні інновації - Year 2018, Vol 20, Issue 1

Abstract

Topicality.. The problem of a risky event as an undesirable manifestation in socio-economic and economic-ecological processes is considered. Such events can include any problems and crisis situations that lead to significant losses in the development of the system, delay in the implementation of important economic projects, increase in their cost and other losses. In this respect, the issues of improving the response tools for risky events are relevant. The problem of responding to risks is associated with the use of methods for diversifying risks, reserving funds, insuring risks, etc. Aim and tasks. The goal of the work is to discuss some issues of generalization and determination of directions for improving the methodological basis for increasing the effectiveness of response to risk events. Research results. A generalized assessment of possible methods of responding to risk events is given. Attention is focused on methods for diversifying (distributing) risks, reserving funds to cover unforeseen expenses, and risk insurance. An algorithm for evaluating the effectiveness of methods for reducing the hazards of a risk event is considered. A simplified model of the criterial basis for assessing the effectiveness of reaction to risk events is given. Particular attention is drawn to the possibility of applying the methodology of matrix-incidence analysis of complex, high-uncertainty risk events. Applied aspects of the methodology of the matrix-incidence approach to justify management decisions on the response to risk events are considered from the perspective of the parametric general theory of systems. Conclusions. Development of methodological foundations and methodological approaches to assessing the effectiveness of response to risky events is considered as one of the important directions in the formation of risk management theory - riskology. The present work is devoted to topical issues of forming methodological foundations of methodological approaches to increasing the effectiveness of reaction to risks.

Authors and Affiliations

V. N. STEPANOV

Keywords

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  • EP ID EP476248
  • DOI 10.31520/ei.2018.20.1(66).182-188
  • Views 87
  • Downloads 0

How To Cite

V. N. STEPANOV (2018). DEVELOPMENT OF THE METHODOLOGICAL BASIS OF IMPROVING THE EFFECTIVENESS OF RESPONSE TO RISK EVENTS. Економічні інновації, 20(1), 182-188. https://europub.co.uk/articles/-A-476248