Operational Risk Management using a Fuzzy Logic Inference System

Borradores de Economia
Number: 
574
Published: 
Classification JEL: 
G32, C63, D80
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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Operational Risk (OR) results from endogenous and exogenous risk factors, as diverse and complex to assess as human resources and technology, which may not be properly measured using traditional quantitative approaches. Engineering has faced the same chal