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Introducing Uncertainty in Rrisk Calculation Along Road Using Simple Stochastic Aapproach

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Submitted:

03 January 2021

Posted:

04 January 2021

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Abstract
Based on a previous risk calculation study along a road corridor, risk is recalculated using stochastic simulation by introducing variability for most of the parameters in the risk equation. This leads to an exceedance curve comparable to that of catastrophe models. This approach introduces uncertainty into the risk calculation in a simple way, which can be used for poorly documented cases to fulfil lack of data. This approach seems to tend to minimize risk or to question risk calculations.
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