Participatory-based risk impact propagation and interaction pattern analysis using social network analysis

Abstract

Purpose: This paper aims to develop a novel risk analysis model that uses both participatory and computerized techniques to capture and model the dynamic of risk impact propagation and interaction pattern. Design/methodology/approach: In this research, an integrated model, applying modified participatory method and novel dichotomize procedure in the perspectives of social network topological analysis, is developed. Findings: Based on the analysis output, it is found that; (i) the risk propagation is characterized by its dynamic and non-linear impact pattern, and (ii) the risk interaction is distinguished based on the degree of connectedness between various risks. Research limitations/implica..