Abstract
Abstract It was considered the possibility of optimization approach of the risk management problems based on the stochastic nature of the losses. Since the losses functional magnitude is a random variable, then it was considered the value of losses on a significance level (losses probability).It was shown decision existence which minimized expected losses. The problem has practical application in coal mining, occasional transportation and other business projects associated with the possibility of life losses.
Highlights
The risk management meant managing projects to maximize profits from risk
Received: 29 May 2013 Accepted: 10 June 2013. It was considered the possibility of optimization approach of the risk management problems based on the stochastic nature of the losses
Since the losses functional magnitude is a random variable, it was considered the value of losses on a significance level α.It was shown decision existence which minimized expected losses
Summary
The risk management meant managing projects to maximize profits from risk. there are a number of problems when you do not maximize profits, but rather to minimize losses. Coal industry and the some other economy branches are extremely dangerous in Ukraine, so neighboring Russia In this area annually occurring disasters, the consequences of which are covered by the state budget. As a combined efficiency and mortality accepted number of deaths per million tons of coal produced This figure for Ukraine is 2 (one of the worst in the world), while for Poland it is only 0.1, U.S – 0.02 [8]. Natural background of some country depends primarily on the level of economic development and of its derivatives: the level of medical services, the ecological state of the environment It depends on other parameters: the lifestyle, traditions (such as average life expectancy for Japanese living in the US less than that of Japan)
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