2009
DOI: 10.1002/eqe.937
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Component correlations in structure‐specific seismic loss estimation

Abstract: This paper addresses correlations between multiple components in structure-specific seismic loss estimation. To date, the consideration of such correlations has been limited by methodological tractability; increased computational demand; and a paucity of data for their computation. The effect of component correlations, which arise in various forms, is however a significant factor affecting the results of structure-specific seismic loss estimation and therefore it is prudent that adequate consideration is given… Show more

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Cited by 19 publications
(17 citation statements)
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“…The consideration of component correlations in seismic loss estimation is complicated by a lack of empirical data for their determination and mathematical methodologies for their consideration. Further details on the consideration of correlations in such a framework as that presented here can be found in Bradley and Lee [21]. As it is not the focus in the present study only the upper and lower bound assumptions of perfect and no correlations have been considered herein.…”
Section: Mathematical Basis Of Loss Estimationmentioning
confidence: 99%
“…The consideration of component correlations in seismic loss estimation is complicated by a lack of empirical data for their determination and mathematical methodologies for their consideration. Further details on the consideration of correlations in such a framework as that presented here can be found in Bradley and Lee [21]. As it is not the focus in the present study only the upper and lower bound assumptions of perfect and no correlations have been considered herein.…”
Section: Mathematical Basis Of Loss Estimationmentioning
confidence: 99%
“…Fig. 2 shows the expected loss given intensity for a typical NZ bridge [21]; ground motion hazard curve for Wellington, New Zealand [20]; and the resulting integrand of the expected annual loss. It can be seen that while it may be relatively simple to determine a subregion of integration from inspection, trying to determine a sub-region within a computational algorithm will require the use of some optimisation algorithm (or similar) to determine where the values of the integrand are or are not significant.…”
Section: Region Of Integrationmentioning
confidence: 99%
“…obtained based on the statistical moments of the L|IM distributions obtained in the previous section and using the common assumption of lognormality for L|IM [27,29] (which was verified for this particular case-study, but is omitted for brevity). Figure 19 illustrates the annual rate of exceeding various levels of downtime for the four different repair groups and for the total system.…”
Section: Loss Hazard Resultsmentioning
confidence: 60%
“…Equations (3) and (4)). Thus, after obtaining the statistical moments for all of the PG's using Equations (1) and (2), Monte Carlo simulation (with appropriate consideration of the correlation in the loss between multiple PG's [27]) was used to estimate the distribution of…”
Section: Loss Assessment Frameworkmentioning
confidence: 99%