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A Systematic Approach to Nuclear Safeguards Decision-Making

Author

Listed:
  • Bruce R. Judd

    (Applied Decision Analysis, Inc.)

  • Stein Weissenberger

    (Lawrence Livermore National Laboratory)

Abstract

The regulatory decision on how safe a safeguarded nuclear facility should be depends on a trade-off between diversion risk and the cost of reducing that risk. Given that one plans to build the plant, the optimum level of safeguards is achieved when the cost of further risk reduction exceeds the benefit from lower risk. This paper develops quantitative models of factors that influence this risk/cost trade-off. A basic conceptual structure is presented, and a detailed example is used to illustrate the methodology for optimal regulation setting.

Suggested Citation

  • Bruce R. Judd & Stein Weissenberger, 1982. "A Systematic Approach to Nuclear Safeguards Decision-Making," Management Science, INFORMS, vol. 28(3), pages 289-302, March.
    • Handle: RePEc:inm:ormnsc:v:28:y:1982:i:3:p:289-302
    DOI: 10.1287/mnsc.28.3.289
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    Citations

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    Cited by:

    1. Wang, Q. & Poh, K.L., 2014. "A survey of integrated decision analysis in energy and environmental modeling," Energy, Elsevier, vol. 77(C), pages 691-702.
    2. Zhou, P. & Ang, B.W. & Poh, K.L., 2006. "Decision analysis in energy and environmental modeling: An update," Energy, Elsevier, vol. 31(14), pages 2604-2622.
    3. Serkan Erbis & Zeynep Ok & Jacqueline A. Isaacs & James C. Benneyan & Sagar Kamarthi, 2016. "Review of Research Trends and Methods in Nano Environmental, Health, and Safety Risk Analysis," Risk Analysis, John Wiley & Sons, vol. 36(8), pages 1644-1665, August.

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