Abstract:While earthquakes can have a devastating impact on the economic growth and social welfare of earthquake prone regions, probabilistic seismic risk assessment can be employed to assess and mitigate such risks from future destructive events. In a previous study (Sianko, 2020), a probabilistic seismic hazard analysis (PSHA) tool based on the Monte-Carlo (MC) approach, was developed to predict the seismic hazard for high seismicity areas. In this study, a seismic risk assessment framework is developed incorporating… Show more
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