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Binary Event String Analysis: A Compact Numerical Representation of the Event Tree

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  • Stephen D. Unwin

Abstract

While the event tree is a useful diagrammatic aid to an appreciation of various event sequence possibilities, it is of a nature that suggests no obvious manner in which the associated probability data may be compiled as computer input. Here, we propose a complementary numerical representation of scenario possibilities which incorporates probability data in a succinct fashion. While its mnemonic properties facilitate the logical development of a system's characteristics, its compactness and unambiguity permit its utilization directly as computer input.

Suggested Citation

  • Stephen D. Unwin, 1984. "Binary Event String Analysis: A Compact Numerical Representation of the Event Tree," Risk Analysis, John Wiley & Sons, vol. 4(2), pages 83-87, June.
    • Handle: RePEc:wly:riskan:v:4:y:1984:i:2:p:83-87
    DOI: 10.1111/j.1539-6924.1984.tb00937.x
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    References listed on IDEAS

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    1. Stanley Kaplan, 1982. "Matrix Theory Formalism for Event Tree Analysis: Application to Nuclear‐Risk Analysis," Risk Analysis, John Wiley & Sons, vol. 2(1), pages 9-18, March.
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