Risk-informed decision models for low-probability, high-consequence hazards

Risk mitigation decisions for civil infrastructure exposed to rare natural and manmade hazards are often impacted by risk aversion, a behavioral phenomenon in which the decision maker's perception and judgment of risk are systematically distorted, resulting in decisions that might be viewed as...

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Bibliographic Details
Main Author: Cha, Eun Jeong
Published: Georgia Institute of Technology 2012
Subjects:
Online Access:http://hdl.handle.net/1853/44803