Abstract
Risk and opportunity assessments are essential for decision-making in complex systems such as healthcare and critical infrastructure. However, widely used tools like the risk matrix fail to explicitly capture uncertainty. This study presents the first empirical comparison between a traditional risk matrix and a previously proposed graphical method that visualizes uncertainty using two-dimensional intervals. In a comprehensive survey, healthcare professionals assessed identical scenarios using both methods. The graphical approach yielded systematically different results, particularly in the estimation of probabilities, and revealed differences across occupational groups and infrastructure experience. These findings suggest that explicitly representing uncertainty may enhance the transparency and nuance of qualitative risk assessments, potentially addressing key limitations of conventional tools. Such approaches could support more reflective and differentiated decision-making in high-stakes environments
| Original language | English |
|---|---|
| Pages (from-to) | 3758-3780 |
| Number of pages | 23 |
| Journal | Risk Analysis |
| Volume | 45 |
| Issue number | 11 |
| Early online date | 21 Sept 2025 |
| DOIs | |
| Publication status | Published - Nov 2025 |
Fields of science
- 102016 IT security
- 107007 Risk research
- 102 Computer Sciences
JKU Focus areas
- Digital Transformation
- Sustainable Development: Responsible Technologies and Management