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Proceedings of the Eighth International Conference on Probabilistic Safety Assessment & Management (PSAM)

Editor
Michael G. Stamatelatos
Michael G. Stamatelatos
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Harold S. Blackman
Harold S. Blackman
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ISBN-10:
0791802442
No. of Pages:
2576
Publisher:
ASME Press
Publication date:
2006

This paper presents an innovative theoretical framework for identifying and quantifying the impacts on society of natural or man-made hazards that are considered in risk and decision analysis. The framework is illustrated in relation to the consequences of Hurricane Katrina.

Prevailing approaches to risk analysis typically identify the kinds of potential consequences of hazards too narrowly, ignoring the broader societal impacts of such hazards. These approaches also lack a uniform and consistent metric for quantifying non-countable consequences like psychological trauma or societal impacts. Finally, the criteria used when evaluating risks are sometimes implicit, subjective, and potentially inaccurate.

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Summary/Abstract
Introduction
Historical Progress of Risk Assessment and Mitigation in Civil Engineering
Limitations of the Traditional Approaches to Risk Analysis
Definition and Benefits of a Capabilities-Based Approach
Case Study: Hurricane Katrina
Acknowledgments
References
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