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A model for the assessment of lightning impact probability on process equipment and specific equipment vulnerability models were coupled to dedicated event trees, allowing the quantification of risk indexes.
The quantification of risk as an additional source of externality to the cost of transporting hydrogen was obtained with the support of a commercial numerical simulation software that was specifically designed to deal with hazards in process industry environment.
Aladdin is pushing into retail, where BlackRock believes rigorous quantification of risk and scenario forecasts can help financial advisors and individuals build better financial plans.
Quantification of risk as a function of technological methods, climatic factors, physical conditions and socio-economic parameters is essential for the management of risk.
Comparison of the post-fire debris flow risk assessment for the two fires provides qualitative evidence of the benefits of greater quantification of risk.
They allow the quantification of risk and provide a basis for cost-benefit analysis of mitigation strategies (Jenkins et al. 2014a, Wilson et al. 2014).
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The concepts of confidence and risk are discussed with regard to the epistemological (philosophical) basis of risk assessment, and the uncertainty associated with the estimation and quantification of risks.
The experimental conditions of these tests are designed to meet the criteria for hazard identification rather than attempting any quantification of risks.
Overall, this study and those summarized above (Table 1) indicate, with some notable inconsistencies, that there were major risks of declining eGFR with very prolonged treatment with lithium salts, but that effects of advancing age also are prominent and confound quantification of risk-by-time specific to lithium exposure.
Hence, the exact odds ratios of common outcomes should not be interpreted as valid quantification of risks.
Because it is unlikely that the relation between toxic responses and the degree of alteration in the biomarker is equivalent at all doses, quantification of risks at low levels is not necessarily more accurate using these biomarkers for extrapolation.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com