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Reflections on the Use of Conceptual Research in Risk Analysis

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  • Terje Aven

Abstract

A risk analysis science is developing, characterized by knowledge generation on concepts, principles, theories, frameworks, methods, and models, for understanding, assessing, characterizing, communicating, and managing risk (for short referred to as conceptual knowledge generation in risk analysis), as well as supporting risk knowledge generation of specific activities based on these concepts, principles, theories, frameworks, methods, and models. The scientific knowledge generation is based on different types of research methods. This article provides a discussion of some of these, the main purpose being to demonstrate the central role of conceptual knowledge generation and research in risk analysis. The importance of this type of knowledge generation and research is considered undervalued in risk analysis. Several examples are used to illustrate the discussion, including a risk governance framework and the anti‐fragility concept.

Suggested Citation

  • Terje Aven, 2018. "Reflections on the Use of Conceptual Research in Risk Analysis," Risk Analysis, John Wiley & Sons, vol. 38(11), pages 2415-2423, November.
    • Handle: RePEc:wly:riskan:v:38:y:2018:i:11:p:2415-2423
    DOI: 10.1111/risa.13139
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    References listed on IDEAS

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    5. Terje Aven, 2015. "The Concept of Antifragility and its Implications for the Practice of Risk Analysis," Risk Analysis, John Wiley & Sons, vol. 35(3), pages 476-483, March.
    6. Terje Aven & Ortwin Renn, 2012. "On the Risk Management and Risk Governance of Petroleum Operations in the Barents Sea Area," Risk Analysis, John Wiley & Sons, vol. 32(9), pages 1561-1575, September.
    7. Terje Aven & Ortwin Renn, 2015. "An Evaluation of the Treatment of Risk and Uncertainties in the IPCC Reports on Climate Change," Risk Analysis, John Wiley & Sons, vol. 35(4), pages 701-712, April.
    8. Terje Aven & Ortwin Renn, 2010. "Risk Management and Governance," Risk, Governance and Society, Springer, number 978-3-642-13926-0, March.
    9. Aven, Terje & Renn, Ortwin, 2018. "Improving government policy on risk: Eight key principles," Reliability Engineering and System Safety, Elsevier, vol. 176(C), pages 230-241.
    10. Sven Ove Hansson & Terje Aven, 2014. "Is Risk Analysis Scientific?," Risk Analysis, John Wiley & Sons, vol. 34(7), pages 1173-1183, July.
    11. Terje Aven, 2017. "What Defines Us as Professionals in the Field of Risk Analysis?," Risk Analysis, John Wiley & Sons, vol. 37(5), pages 854-860, May.
    12. D. Warner North, 2011. "Uncertainties, Precaution, and Science: Focus on the State of Knowledge and How It May Change," Risk Analysis, John Wiley & Sons, vol. 31(10), pages 1526-1529, October.
    13. Aven, Terje, 2016. "Risk assessment and risk management: Review of recent advances on their foundation," European Journal of Operational Research, Elsevier, vol. 253(1), pages 1-13.
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    1. Terje Aven, 2020. "Risk Science Contributions: Three Illustrating Examples," Risk Analysis, John Wiley & Sons, vol. 40(10), pages 1889-1899, October.
    2. Flage, Roger & Askeland, Tore, 2020. "Assumptions in quantitative risk assessments: When explicit and when tacit?," Reliability Engineering and System Safety, Elsevier, vol. 197(C).
    3. Aven, Terje & Kristensen, Vidar, 2019. "How the distinction between general knowledge and specific knowledge can improve the foundation and practice of risk assessment and risk-informed decision-making," Reliability Engineering and System Safety, Elsevier, vol. 191(C).
    4. Terje Aven & Azadeh Seif, 2022. "On the foundation and use of the de minimis principle in a risk analysis context," Journal of Risk and Reliability, , vol. 236(1), pages 90-97, February.
    5. Gilberto Montibeller & L. Alberto Franco & Ashley Carreras, 2020. "A Risk Analysis Framework for Prioritizing and Managing Biosecurity Threats," Risk Analysis, John Wiley & Sons, vol. 40(11), pages 2462-2477, November.
    6. Terje Aven & Roger Flage, 2020. "Foundational Challenges for Advancing the Field and Discipline of Risk Analysis," Risk Analysis, John Wiley & Sons, vol. 40(S1), pages 2128-2136, November.

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