Modeling method of cascading crisis events based on merging Bayesian Network

• Abstract the crisis event as a three-layer structure model
• From a micro-view, model the single crisis event using Bayesian Network
• Model the cascading events by merging the single crisis events
• The proposed method well combines the macro and micro aspects of crisis event.

This paper presents a Bayesian Network (BN)-based modeling method for cascading crisis events. Crisis events have occurred more frequently in recent years, such as typhoons, rainstorms, and floods, posing a great threat to humans. Addressing these crises requires a more effective method for crisis early-warning and disaster mitigation in crisis management. However, few modeling methods can combine the crisis chain reaction (macro-view) and the elements within the crisis event (micro-view) in a cascading crisis events. Existing classical methods fail to consider the causal relations linking the micro to macro level in crisis events, which affects the forecasting accuracy and effectiveness. Based on systems theory, this paper first abstracts the crisis event as a three-layer structure model consisting of input elements, state elements and output elements from a micro-view. Next, a cascading crisis events Bayesian Network (CCEBN) model is developed by merging the single crisis events Bayesian Networks (SCEBNs). This method efficiently combines the crisis event's micro-view and the macro-view. The proposed BN-based model makes it possible to forecast and analyze the chain reaction path and the potential losses due to a crisis event. Finally, sample application is provided to illustrate the utility of the model. The experimental results indicate that the method can effectively improve the forecasting accuracy.