Perspectives on Seismic Risk Mitigation Decisions Under Uncertainty

Mitchell J. Small, Bruce R. Ellingwood and Leonardo Dueñas-Osorio
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Mitchell J. Small: Carnegie Mellon University
Bruce R. Ellingwood: Georgia Institute of Technology
Leonardo Dueñas-Osorio: Rice University

Chapter 9 in Risk Assessment, Modeling and Decision Support, 2008, pp 199-226 from Springer

Abstract: Abstract This chapter provides a dialogue between the risk engineering and risk analysis communities, particularly as it pertains to communicating risks to decision-makers. Clearly, there is a conflict between the ability of engineers and risk analysts to perform necessary quantitative analyses, and the ability or willingness of decision-makers and construction professionals to use these analyses in practice. Society faces significant tradeoffs when allocating scarce resources to mitigating risks, and the information required to generate well-informed risk analyses is costly.

Keywords: Ground Motion; Performance Goal; Seismic Risk; Epistemic Uncertainty; Probabilistic Seismic Hazard Analysis (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:spr:rischp:978-3-540-71158-2_9

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DOI: 10.1007/978-3-540-71158-2_9

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