• DocumentCode
    2153985
  • Title

    An Infectious Disease Model on Risk Diffusion from the Perspective of Business Gene´s Vulnerability

  • Author

    Yan, Ming ; Zhou, Zhan

  • Author_Institution
    Sch. of Manage., Wuhan Univ. of Technol., Wuhan, China
  • fYear
    2009
  • fDate
    20-22 Sept. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Like the gene of biological organism, business gene is also vulnerable or fragile. The vulnerability of business gene is the main reason that makes a business lack the immunity to risks, or be easily infected by risks. Considering the strong similarity between business risk and infectious disease on the mechanism of diffusion, it is quite possible for us to use the infectious disease model (acronymed as IDM) to explain how business risk diffuses from the perspective of business gene´s vulnerability. It is believed that the diffusion of risk triggered by the vulnerability could bring on unsteadiness to business, and even to business ecosystem. In this paper, we have set up a SEIRS model to explore and tell why and how risk diffuses among a specific cluster of businesses as well simulate the process of business risk diffusing with Matlab software.
  • Keywords
    commerce; differential algebraic equations; risk analysis; Matlab software; SEIRS model; business gene vulnerability; infectious disease model; risk diffusion; risk immunity; DNA; Diseases; Immune system; Mathematical model; Organisms; Resists; Risk management; Rivers; Technology management; Tides;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science, 2009. MASS '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4638-4
  • Electronic_ISBN
    978-1-4244-4639-1
  • Type

    conf

  • DOI
    10.1109/ICMSS.2009.5304040
  • Filename
    5304040