Risk analysis of damaged ships : a data-driven Bayesian approach
Subin, Kelangath and Das, Purnendu and Quigley, John and Hirdaris, Spyros (2012) Risk analysis of damaged ships : a data-driven Bayesian approach. Ships and Offshore Structures. pp. 1-15. ISSN 1754-212X (https://doi.org/10.1080/17445302.2011.592358)
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An accident occurring at sea, though a rare event, has a huge impact both on the economy and the environment. A better and safer shipping practice always demands new ways to improve marine traffic and this essentially requires learning from past experience/faults. In this regard, probabilistic analysis of accidents and associated consequences can play a very important role in making a better and safer maritime transport system. Bayesian networks represent a class of probabilistic models based on statistics, decision theory and graph theory. This paper introduces the use of data-driven Bayesian modelling in risk analysis and makes a comparison with the different data-driven Bayesian methods available. The data for this study are based on the Lloyds database of accidents from 1997 to 2009. Important influential variables from this database are grouped and a Bayesian network that shows the relationship between the corresponding variables is constructed which in turn provides an insight into probabilistic dependencies existing among the variables in the database and the underlying reasons for these accidents.
ORCID iDs
Subin, Kelangath, Das, Purnendu, Quigley, John ORCID: https://orcid.org/0000-0002-7253-8470 and Hirdaris, Spyros;-
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Item type: Article ID code: 33156 Dates: DateEvent2012Published7 July 2011Published OnlineSubjects: Naval Science > Naval architecture. Shipbuilding. Marine engineering Department: Faculty of Engineering > Naval Architecture, Ocean & Marine Engineering
Strathclyde Business School > Management ScienceDepositing user: Pure Administrator Date deposited: 07 Sep 2011 09:30 Last modified: 11 Nov 2024 09:49 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/33156