Evaluation of Structural Stability to Threats
Journal Mechanics, Transport, Communications, vol. 15, issue 1, 2017,
6 Pages Posted: 3 Apr 2017
Date Written: January 16, 2017
This paper presents a model for evaluation of the structural stability of the organization to its bearers of threats. The model is based on the catastrophe theory and the theory of parties concerned. This paper is worked out in two sections. Concept of the model is presented in the first section. Procedure for evaluation of structural (in)stability of the organization in respect to its licensing institutions (bearers of threats) is worked out in the second section. The procedure refers to particular fourth degree functions of threat representing “cusp” type catastrophe.
Keywords: Catastrophe theory, Structural stability, Threats, "Cusp" type catastrophe
JEL Classification: C65, M10
Suggested Citation: Suggested Citation