Study of Different Factors Influencing Risk Tolerance of Individuals in Safety Critical Industries with Special Reference to the Indian Mining Industry

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Authors

  • Department of Mining Engineering, Indian Institute of Technology (Indian School of Mines), Dhanbad - 826004, ,IN
  • Department of Mining Engineering, Indian Institute of Technology (Indian School of Mines), Dhanbad - 826004 ,IN

DOI:

https://doi.org/10.18311/jmmf/2022/30182

Keywords:

Decision Making, Human Behaviour, Risk Profiling, Risk Tolerance, Safety Performance, Unsafe Act

Abstract

Despite mechanization, improved working condition, and stringent and exhaustive safety laws, mining is still one of the most hazardous occupations on the earth and the troll of accidents in Indian mining industries is one of the highest in the world. Previous studies affirmed that an individual’s risk tolerance is one of the primary reasons for their unsafe acts at the workplace. In order to improve the safety performance of an organization, it is essential to reduce individual employees’ risk tolerance. Even under identical work conditions and environments, two different people behave differently and may have different risk tolerance. The present study focuses on identifying all the factors influencing an individual’s risk tolerance level at mine workings in the Indian mining industry. The factors have been identified comprehensively and categorized into four major categories: (1) Organizational factors, (2) Human factors, (3) Task environment and task condition factors, (4) Social factors. It is proposed in the study that the effect of each factor on an individual’s risk tolerance at the workplace may be assessed through computational intelligence techniques for developing a prediction model to predict an individual’s risk tolerance level. Based on that, effective recommendations may be made for reducing the risk tolerance of individuals to prevent accidents in the mining industry.

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Published

2023-04-04

How to Cite

Kumar, D., & Bhattacharjee, R. M. (2023). Study of Different Factors Influencing Risk Tolerance of Individuals in Safety Critical Industries with Special Reference to the Indian Mining Industry. Journal of Mines, Metals and Fuels, 70(11), 571–583. https://doi.org/10.18311/jmmf/2022/30182
Received 2022-05-04
Accepted 2023-04-04
Published 2023-04-04

 

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