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Updated: Dec 17, 2025

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Risk Analysis: Celebrating the Accomplishments and Embracing Ongoing Challenges
Michael Greenberg1, Anthony Cox2, Vicki Bier3
1Edward J. Bloustein School, Rutgers University, New Brunswick, NJ, USA.
Summary
This review highlights key risk analysis achievements from 1980-2010 and 2011-2019. The next decade presents significant challenges for the field of risk analysis.
Area of Science:
- Risk analysis
- Societal risk assessment
- Decision science
Background:
- The Society for Risk Analysis (SRA) and Risk Analysis: An International Journal celebrate 40 years.
- A historical perspective on risk analysis is crucial for future development.
Purpose of the Study:
- To review the 10 most significant accomplishments in risk analysis from 1980 to 2010.
- To outline major advancements in risk analysis from 2011 to 2019.
- To identify key risk-related challenges for the period 2020-2030.
Main Methods:
- Literature review of risk analysis accomplishments.
- Categorization of advancements in risk analysis.
- Identification of future challenges in risk assessment.
Main Results:
- Identified 10 major accomplishments in risk analysis between 1980 and 2010.
- Outlined key achievements in three categories from 2011 to 2019.
- Proposed 10 major risk-related challenges for 2020-2030.
Conclusions:
- The field of risk analysis has made substantial progress over the past four decades.
- The next decade (2020-2030) is anticipated to pose severe tests for the discipline of risk analysis.
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