Tag Archive for Tag: Event tree diagram

Tag: Event tree diagram Seismic risk

The expected risk of a project, assuming that the intensity measure as the seismic hazard parameter is deterministic, is calculated by equation 10, below: R=PXL where P is the probability of the occurrence of damage and L indicates the corresponding loss. The equation shows that any factor which alters either the probability or the value of the resulted loss affects the related risk.

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