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Keywords: likelihood
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Proceedings Papers
Publisher: American Rock Mechanics Association
Paper presented at the 1st Canada - U.S. Rock Mechanics Symposium, May 27–31, 2007
Paper Number: ARMA-07-007
... of such things as economic or financial loss or gain, physical damage, injury or delay, as a consequence of pursuing or not pursuing a particular course of ac- tion. It is described and evaluated in terms of likeli- hood and consequences; with the likelihood a rating of the probability of an event occurring...