Average Life Expectancy as a Criterion for Regional Risk Management

Abstract

The paper considers an important and complex interdisciplinary integration problem – providing, supporting and managing safety of interdependent critical infrastructures (ICIs) of a municipal area or region, embedded in the context and realities of modern society of risk. The problem is solved using a new unified quantitative criterion for managing regional risk, namely, the regional average life expectance (RALE) criterion, combined with a new algorithm for assessing the value of regional risk, which involves mechanics of catastrophes, computer modeling and risk-analysis theory.