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Most of existing studies on vulnerability analysis of multiple infrastructure systems mainly focus on negative effects of interdependencies, which mean that failures in one system can propagate to other systems and aggravate the initial damage.
Motivated by these findings, we propose a more coordinated approach to coastal risk mitigation which considers the effects of interdependencies on insurance pricing, structural design, mitigation strategies and community resilience.
In reality, there also exist positive effects of interdependencies, which are shown in complementary systems and mean that if one system fails another system can provide alternative services to satisfy customers׳ demands.
A key reason for attempting this is to capture the compounding effects of interdependencies due to degrading asset reliability (for instance due to aging), different asset management strategies (including condition monitoring and automation options), and staff resource constraints when performing maintenance and repairs.
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A good degree of uncertainty remains regarding privacy issues, the effects of interdependency, the impact of IoT and other challenges that will no doubt emerge as smart cities become the standard.
CRM, like ERP and other types of interorganizational systems, allows a firm to benefit from both the direct network effects of being able to exchange object information with business partners and the indirect network effects of interdependency with other organizations.
The effects of the interdependency among the five force factors are shown in Figure 8.
In a decision-making process of selecting market segments, priorities are calculated based on competitive factors with respect to some important criteria such as the effects of the interdependency among the factors and the trend of segment-strategy priorities in various time horizons.
This paper proposes a multiple contingencies model that examines the combined effect of departmental interdependencies and organization structures on management accounting system (MAS) design.
The effects of the interconnectivities and interdependencies of several technologies and industries in the same region, especially in the Middle East, "are of growing concern and play an important role in many risks now appearing on the horizon," according to a recent report by Allianz (Allianz Global Corporate & Specialty 2015, p. 30), the world's largest insurance company.
Moreover, several adaptations and recalculations are made within the time frame until 2030 to take account of secondary effects and interdependencies between sectors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com