News Column

Studies from CREATE Describe New Findings in Risk Management

May 16, 2014



By a News Reporter-Staff News Editor at Insurance Weekly News -- New research on Risk Management is the subject of a report. According to news reporting out of Los Angeles, California, by VerticalNews editors, research stated, "Security of infrastructure is a major concern. Traditional security schedules are unable to provide omnipresent coverage; consequently, adversaries can exploit predictable vulnerabilities to their advantage."

Our news journalists obtained a quote from the research from CREATE, "Randomized security schedules, which randomly deploy security measures, overcome these limitations, but public perceptions of such schedules have not been examined. In this experiment, participants were asked to make a choice between attending a venue that employed a traditional (i.e., search everyone) or a random (i.e., a probability of being searched) security schedule. The absolute probability of detecting contraband was manipulated (i.e., 1/10, 1/4, 1/2) but equivalent between the two schedule types. In general, participants were indifferent to either security schedule, regardless of the probability of detection. The randomized schedule was deemed more convenient, but the traditional schedule was considered fairer and safer. There were no differences between traditional and random schedule in terms of perceived effectiveness or deterrence."

According to the news editors, the research concluded: "Policy implications for the implementation and utilization of randomized schedules are discussed."

For more information on this research see: Perceptions of Randomized Security Schedules. Risk Analysis, 2014;34(4):765-770. Risk Analysis can be contacted at: Wiley-Blackwell, 111 River St, Hoboken 07030-5774, NJ, USA. (Wiley-Blackwell - www.wiley.com/; Risk Analysis - onlinelibrary.wiley.com/journal/10.1111/(ISSN)1539-6924)

Our news journalists report that additional information may be obtained by contacting N. Scurich, USC, CREATE, Los Angeles, CA, United States.

Keywords for this news article include: California, Los Angeles, United States, Risk Management, North and Central America

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


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Source: Insurance Weekly News


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