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UT Dallas > Jindal > Centers and Institutes of Excellence > International Center for Decision
and Risk Analysis
ICDRiA Overview
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International Center for Decision and Risk
Analysis
Risk Management is a growing and highly-relevant field of study. While
probability and statistics are the primary quantitative techniques of Risk Management, there are
many other techniques (such as optimization, decision theory, control theory, and game theory)
which play an essential role in managing risk. The goal is to build both the knowledge and
application of these techniques with specific attention to the interdisciplinary aspects.
Our Mission
To develop Risk Management as a comprehensive scientific discipline that provides methods,
concepts and techniques to deal with uncertainties in decision-making.
What We Do
The research at ICDRiA primarily involves risk management related to industrial projects
involving new technology, new applications and markets, and large investments. These projects
are funded by commercial markets, such as telecommunications, automotive and pharmaceutical
industries, or by the public sector such as defense, space and energy.
Our approach is to develop relevant modelsvalidated by practitionersto derive concepts and
results which help to understand the impact of uncertainties. We provide useful, tested tools for
mitigating risks and decision-making. We focus on the situation of several players, with various
possibilities of rules of game.
Directors
Message
Uncertainties are more and more overwhelming in all aspects of life. Understandably, Risk and
Decision Analysis is now at the core of Management Science and Economics. This science of
Risk and Decision Analysis is also a key in the application of Engineering Sciences,
Environmental Sciences and even Natural Sciences.
One can see that Risk and Decision Analysis is a comprehensive emerging new discipline in full
development, and our objective at ICDRiA is to be a major contributor to its progress. We do so
by leveraging the large expertise in Operations Management, Information Systems and Finance
among others in the Jindal School of Management and by cooperating with other schools at UT
Dallas (in particular the School of Engineering), other universities, government agencies and
industry counterparts.
We currently develop research in the following domains:
Risk in Cybersecurity
Risk and Uncertainty in Alternative Energies
Risk in Financial and Economic Decisions
Risk and Uncertainty in Supply Chain
Risk in Information Systems
Risk in Engineering

Alain Bensoussan, PhD
Director, ICDRiA
Email
(972) 883-6117
Office JSOM 3.211
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2014 Naveen Jindal School of Management, The University of Texas at Dallas