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Earthquake loss: Wikis

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Ancient builders believed that earthquake losses were a result of wroth of Gods. Nowadays, they are, also, attributed to the skills of structural engineers. Anyway, earthquake loss estimation is usually performed in terms of a Damage Ratio (DR) which is a ratio of the earthquake damage dollar amount to total value of a building[1]. For a long time, it was associated with a collection of mass inventory data and was based, mostly, on experts' opinions.

Another method is the use of HAZUS, a computerized procedure for loss estimation.

References

  1. ^ EERI Endowment Subcommittee (May 2000). Financial Management of Earthquake Risk. EERI Publication. ISBN 0943198216.  

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