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CREATE's research activities cover three interconnected modeling and analysis areas:
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Risk assessment includes an assessment of the threats, vulnerabilities, and consequences of terrorism attacks. Economic assessment includes the valuation of direct consequences, the estimation of indirect economic impacts, resilience and cost-benefit and decision analysis of options to counter terrorism. Risk management comprises the development, evaluation, and implementation of alternative ways to prevent, protect, or respond to terrorism events.
Within each modeling and analysis area CREATE researchers conduct a mix of fundamental and applied research. For example, in the risk assessment area, we have applied state-of-the art probabilistic risk analyses models and also developed advanced game theoretic models to terrorism problems. In economic impact modeling we applied relatively standard input-output economic models, but we also explored the use of advanced computable generalized equilibrium and behavioral models. In risk management, we examine advanced models for prevention and protection of terrorist attacks.
From the very start of its operations, CREATE had a matrix structure organization, in which the three modeling and analysis areas were crossed with applied areas of interests. Currently, our research efforts are aligned with the DHS S&T Directorate's six divisions, which provides a stronger client orientation of the S&T Division. CREATE is truly crosscutting and serves many divisions.