Author(s)

B. Palauo, L. Petti, G. Albano

Abstract

The present paper deals with the problem of an analytical definition of optimal strategies for seismic risk management. The problem of optimal financial resource allocation into an assigned area, such as Towns, Countries or Regions is examined. Optimal policies are evaluated by a cost-benefit analysis or a multiple criteria decision making methodology. After setting a probabilistic model based on poor data for risk assessment, the paper investigates the financial resources required to perform established risk reduction objectives, according to some assigned criteria. The investigation has been carried out using both Operation Research methods and Montecarlo analysis by using statistical data which can be easily obtained from the national data base. Finally, the paper illustrates an application of the investigated method

Keywords