Evaluating the role of risk networks on risk identification, classification and emergence

Modern society heavily relies on strongly connected, socio-technical systems. As a result, distinct risks threatening the operation of individual systems can no longer be treated in isolation. Consequently, risk experts are actively seeking for ways to relax the risk independence assumption that undermines typical risk management models. Prominent work has advocated the use of risk networks as a way forward. Yet, the inevitable biases introduced during the generation of these survey-based risk n...