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Multi-hazard financial risk assessment of a bridge-roadway-levee system

  • SUNY Buffalo

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

This study deals with multi-hazard risk assessment of a spatially distributed civil infrastructure system with interdependent constituents. A regional system – consisting of six bridges, two roadway stretches and a levee – is selected and analyzed. During the analysis of this dynamic and relatively complex system, the following hazards are considered: (i) flood hazard due to extreme rainstorms which can cause internal erosion of the levee and (ii) seismic hazard and its triggering effects which can cause structural damage to the bridges and levee, and liquefaction-induced damage to the roadway stretches. The risk assessment of the system is conducted through a probabilistic event-based analysis. The results of this analysis are presented in terms of risk metrics commonly used in the field of financial engineering for portfolio optimization. An optimum risk mitigation strategy is also discussed.

Original languageEnglish
Title of host publicationRisk-based Bridge Engineering - 10th NewYork City Bridge Conference, 2019
EditorsKhaled M. Mahmoud
PublisherCRC Press/Balkema
Pages299-307
Number of pages9
ISBN (Print)9780367416737
DOIs
StatePublished - 2019
Event10th NewYork City Bridge Conference, 2019 - New York, United States
Duration: Aug 26 2019 → Aug 27 2019

Publication series

NameRisk-based Bridge Engineering - 10th NewYork City Bridge Conference, 2019

Conference

Conference10th NewYork City Bridge Conference, 2019
Country/TerritoryUnited States
CityNew York
Period08/26/19 → 08/27/19

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