2005
DOI: 10.1016/j.strusafe.2004.10.002
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Socio-economically sustainable civil engineering infrastructures by optimization

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Cited by 105 publications
(46 citation statements)
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“…The calculation of the limit state dependent cost C LS is based on the assumption that after the occurrence of an earthquake the structure is fully restored to its initial state. In this work the annual momentary discount rate λ is considered to be constant, since considering a continuous discount rate is accurate enough for all practical purposes according to Rackwitz (Rackwitz et al 2005;Rackwitz 2006). The discount rate λ is considered to be equal to 6%, which is a representative value for Greece.…”
Section: Initial and Limit State Dependent Costmentioning
confidence: 99%
See 1 more Smart Citation
“…The calculation of the limit state dependent cost C LS is based on the assumption that after the occurrence of an earthquake the structure is fully restored to its initial state. In this work the annual momentary discount rate λ is considered to be constant, since considering a continuous discount rate is accurate enough for all practical purposes according to Rackwitz (Rackwitz et al 2005;Rackwitz 2006). The discount rate λ is considered to be equal to 6%, which is a representative value for Greece.…”
Section: Initial and Limit State Dependent Costmentioning
confidence: 99%
“…Among others, Liu et al (2005) proposed a multiobjective structural optimization formulation where the present capital investment and the future seismic risk are treated simultaneously as separate objectives. In the work by Rackwitz et al (2005) an appropriate objective function for cost-benefit analyses based on a renewal model is established while various renewal models for deteriorating structures including multiple failure modes are examined. In the work by Wen and Kang (2001a,b) building design criteria are developed to protect life and to reduce damage and loss to an acceptable level for this purpose a minimization problem of the total life-cycle cost is considered.…”
mentioning
confidence: 99%
“…In some risk assessments it is seen that loss of lives are accounted for in risk based cost-benefit evaluations by associating lost lives with monetary values representing the societal value of a life, assessed on very different bases. Recent research has, however, pointed to the perspective that this need not be done at all [9]; the issue being, that such conversions are only relevant in situations where compensations are to be paid. The compensations are generally regulated by the practice of law [1].…”
Section: On the Assessment Of Consequencesmentioning
confidence: 99%
“…A questão da desvalorização monetária com o tempo é abordada, por exemplo, em Rackwitz et al (2005), no qual se afirma que o modelo contínuo de desvalorização monetária é suficientemente preciso para todos os fins práticos. Nesse modelo, considerando uma taxa de desvalorização monetária constante, λ c , o custo no tempo inicial, C(0), equivalente a um dado custo no tempo t, C(t), é determinado pela seguinte Equação:…”
Section: Vidaunclassified
“…Artigos conceituais têm discutido a otimização de inspeções e manutenções com base em mecanismos gerais de degradação e envolvendo vários tipos de estruturas civis (Onoufriou & Frangopol, 2002;Rackwitz et al, 2005;Straub & Faber, 2005;Bucher & Frangopol, 2006;Streicher et al, 2008;Okasha & Frangopol, 2009;Sanchez-Silva et al, 2011).…”
Section: Otimização De Um Duto Enterrado Sujeito à Corrosãounclassified