Extending Simulation Decomposition Analysis into Systemic Risk Planning for Domino-Like Cascading Effects in Environmental Systems
Mariia Kozlova, Julian Scott Yeomans (2022)
— Journal of Environmental Informatics Letters
Category: applications · Tags: simdec, systemic-risk, cascading-risk, domino-effect, monte-carlo
A short letter extending SimDec to systemic risk planning problems where a small failure can trigger domino-like cascading collapse, and showing how decomposition helps compare reactive versus proactive mitigation policies when collapse is a low-probability / high-impact event.