Computational simulation and risk analysis: An introduction of state of the art research

Abstract

In recent years, risk management and analysis has attracted a great deal of attention from both researchers and practitioners. Enterprise risk management has become an important topic in today’s more complex, interrelated global business environment, replete with threats from natural, political, economic, and technical sources. This survey and introductory article addresses computerized tools used for risk management and analysis. Risks are studied from perspectives of different disciplines, with a discussion of how various methods and tools are used to optimize risk management.