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Conclusion

Ann Bostrom, Steven P. French and Sara J. Gottlieb
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Ann Bostrom: Georgia Institute of Technology
Steven P. French: Georgia Institute of Technology
Sara J. Gottlieb: Georgia Institute of Technology

Chapter 14 in Risk Assessment, Modeling and Decision Support, 2008, pp 319-321 from Springer

Abstract: Abstract The analysis and mitigation of the risk posed by natural and other hazards has been developed over several hundred years. The last 20 years have seen a significant leap forward in our ability to model the effects of earthquakes on the built environment. This rapid progress in risk modeling is based upon significant advances in engineering, and information and sensor technologies that have resulted from significant research investments by the National Science Foundation in the United States and sister agencies in Japan and Europe. Currently available risk models enable planning and mitigation of natural hazards in ways that were not previously possible. The U.S. federally funded multi-hazard HAZUS® model is the most widely known example of this history. HAZUS® and similar risk modeling tools are poised to play an increasingly important role in catastrophe management and risk mitigation. The papers and discussions at the Boulder workshop highlighted several strategic directions that are emerging in the field of risk analysis and modeling. How these directions develop will determine the shape of risk modeling over the next decade. Strategic investment in specific areas can reinforce and accelerate one or more of these directions.

Keywords: Risk Analysis; Risk Modeling; Fragility Curve; Risk Mitigation; Risk Analysis Model (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_14

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DOI: 10.1007/978-3-540-71158-2_14

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