Problems with scoring methods and ordinal scales in risk assessment

D. Hubbard; Dylan Evans

doi:https://doi.org/10.1147/jrd.2010.2042914

doi.org/10.1147/jrd.2010.2042914

Problems with scoring methods and ordinal scales in risk assessment

,

IBM journal of research and development

Volume: 54, Issue: 3, Pages: 2:1 - 2:10

Published: May 1, 2010

Abstract

Risk assessment methods based on scoring methods that rate the severity of each risk factor on an ordinal scale are widely used and frequently perceived by users to have value. We argue that this perceived benefit is probably illusory in most cases. We begin by describing a number of common scoring methods currently used to assess risk in a variety...

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Paper Details

Title

Problems with scoring methods and ordinal scales in risk assessment

DOI

doi.org/10.1147/jrd.2010.2042914

Published Date

May 1, 2010

Journal

IBM journal of research and development

Volume

54

Issue

3

Pages

2:1 - 2:10

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