The purpose of the Garrick Institute is for the research, development, and application of technology for (1) quantifying the risk of the most serious threats to society to better enable their prevention, reduce their likelihood of occurrence or limit their consequences and (2) improving system performance with respect to the capability to perform its intended function while assuring the health and safety of the public and protection of the environment. The events of interest may be anthropogenic (e.g., pollution and industrial accidents), natural (e.g., earthquakes and severe storms) or their combination. Quantification of the threats provides a roadmap for managing the risks through improved design and performance of systems and exposing the most effective recovery and emergency response options. The events of interest include those that can lead to major fatalities, regional or global impacts, or possible species extinction.
Disciplines considered within the scope of the Institute include quantitative risk assessment and management, reliability and resilience engineering, system performance assessment, and the social sciences.