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Perspectives on Seismic Risk Mitigation Decisions Under Uncertainty

In: Risk Assessment, Modeling and Decision Support

Author

Listed:
  • Mitchell J. Small

    (Carnegie Mellon University)

  • Bruce R. Ellingwood

    (Georgia Institute of Technology)

  • Leonardo Dueñas-Osorio

    (Rice University)

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.

Suggested Citation

  • Mitchell J. Small & Bruce R. Ellingwood & Leonardo Dueñas-Osorio, 2008. "Perspectives on Seismic Risk Mitigation Decisions Under Uncertainty," Risk, Governance and Society, in: Ann Bostrom & Steven French & Sara Gottlieb (ed.), Risk Assessment, Modeling and Decision Support, chapter 9, pages 199-226, Springer.
    • Handle: RePEc:spr:rischp:978-3-540-71158-2_9
    DOI: 10.1007/978-3-540-71158-2_9
    as

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