Seismic risk management: A system-based perspective

The deployment of seismic risk management is fraught with issues of complexity, ambiguity and uncertainty posing extra challenges in assessing, modelling and management. The complexity of earthquake impacts and the uncertain nature of information necessitate establishing a systematic approach to add...

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Bibliographic Details
Published in:Risk management (Leicestershire, England) England), 2014-11, Vol.16 (4), p.294-318
Main Authors: Vahdat, Kamran, Smith, Nigel J, Amiri, Ghodrati
Format: Article
Language:English
Subjects:
Disasters
Earthquakes
Economics and Finance
Finance
Infrastructure
Original Article
Prevention
Public infrastructure
Risk assessment
Risk Management
Seismic activity
Seismic engineering
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Summary:The deployment of seismic risk management is fraught with issues of complexity, ambiguity and uncertainty posing extra challenges in assessing, modelling and management. The complexity of earthquake impacts and the uncertain nature of information necessitate establishing a systematic approach to address the risk of many effects of seismic events in a reliable and realistic way. This study was launched to review and criticize appropriate risk assessment methods for different seismic applications focusing on general characteristics from a systems perspective. The outcome of this study demonstrates the importance of a system perspective, providing a deeper insight into the background characteristics and the potential challenges involved within seismic risk management. This allows users to compare various systems and to choose the most appropriate approach according to the scope, size, accuracy and complexity of the application.
ISSN:1460-3799
1743-4637
DOI:10.1057/rm.2015.3