Introduction to the Special Section on Optimizing Risk Management: Methods and Tools

In recent years, risk management has attracted a great deal of attention from both researchers and practitioners. Complexity and uncertainty in many practical problems require new methods and tools. Risk management can be used as a tool for greater rewards, not just control against loss. Enterprise risk management has become an important topic in today's more complex, inter-related global business environment, replete with threats from natural, political, economic, and technical sources. Risks are studied from different silo disciplinary perspectives, with a discussion of how various methods and tools are used to optimize risk management.