2016
DOI: 10.1080/15732479.2016.1245762
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A new risk reduction indicator for dam safety management combining efficiency and equity principles

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Cited by 10 publications
(5 citation statements)
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References 17 publications
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“…Cloete et al 33 proposed the rational quantitative optimal approach, which was a robust risk evaluation model to produce a definitive result for the risk mitigation at dam site. Finally, Serrano-Lombillo et al 34 proposed a risk reduction indicator which allows to prioritize the sequences of investments while maintaining an equilibrium between equity and efficiency principles.…”
Section: Introductionmentioning
confidence: 99%
“…Cloete et al 33 proposed the rational quantitative optimal approach, which was a robust risk evaluation model to produce a definitive result for the risk mitigation at dam site. Finally, Serrano-Lombillo et al 34 proposed a risk reduction indicator which allows to prioritize the sequences of investments while maintaining an equilibrium between equity and efficiency principles.…”
Section: Introductionmentioning
confidence: 99%
“…The authors showed how the principles of equity and efficiency are captured by each of the risk reduction indicators in the prioritisation process of dam safety investments. Based on these findings, the authors proposed indicators such as the Cost per Statistical Failure Prevented (CSFP), Adjusted Cost per Statistical Failure Prevented (ACSFP) and Equity Weighted Adjusted Cost per Statistical Life Saved (EWACSLS), seeking to balance the principles of equity and efficiency and improve the decision-making process [32].…”
Section: Contemporary Period 1995-presentmentioning
confidence: 99%
“…Finally, in [42] a new risk reduction indicator is introduced to combine equity and efficiency principles: Equity Weighted Adjusted Cost per Statistical Life Saved (EWACSLS). This indicator is computed with the following formula:…”
Section: Figure 3: Generic Representation Of Variation Curves To Define Prioritization Sequencesmentioning
confidence: 99%
“…With this purpose, the 20 risk reduction measures analyzed are prioritized following the procedure explained in [19], using the EWACSLS indicator [42], combining equity and efficiency principles. A reference implementation sequence of measures is obtained from the risk results, which in turn were obtained from the reference fragility curve in each dam.…”
Section: Case Studymentioning
confidence: 99%