Table 6 Comparison of risk analysis techniques.

From: Identification and prioritization of risks for new entrants in automobile sector using Monte Carlo based approach

Technique

Risk matrices adaptation

Risk exposure assessment

Risks’ probabilistic relative importance

Risks’ prioritization

Risks’ categorization into multiple exposure zones

References

Interpretive structural modelling

Abbasi and Ryan28

Fuzzy AHP

Ribas et al.29

Statistical analysis

Wu et al.30

AHP

Macharis et al.31

Social network analysis

Yuan et al.32

MCS

This study