2020
DOI: 10.3390/ijerph17218154
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Urban Seismic Risk Assessment by Integrating Direct Economic Loss and Loss of Statistical Life: An Empirical Study in Xiamen, China

Abstract: The growing densities of human and economic activities in cities lead to more severe consequences when a catastrophe such as an earthquake occurs. This study on urban seismic risk evaluation is carried out from the perspective of the direct loss caused by disasters in urban areas, including the measurement of both the expected direct economic loss and loss of life in the face of characteristic earthquakes. Aiming to estimate, quantify and visualize the earthquake risk in each unit of urban space, this research… Show more

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Cited by 10 publications
(8 citation statements)
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“…Research on disaster risk from an economic point of view can help effectively identify and measure the loss of life and economic loss in the same context, thereby enhancing risk perception, projection, evaluation, and mitigation. Zhou, Zhai, Lu, and Shi used an improved human capital approach to evaluate the loss of VSL in earthquakes, which provides a way of monetising the direct and average impact of the deaths of local people in all age groups [52]. This makes a breakthrough in the interdisciplinary fields of catastrophology, economics, and urban disaster prevention planning by applying approaches of VSL evaluation in disaster risk assessment.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Research on disaster risk from an economic point of view can help effectively identify and measure the loss of life and economic loss in the same context, thereby enhancing risk perception, projection, evaluation, and mitigation. Zhou, Zhai, Lu, and Shi used an improved human capital approach to evaluate the loss of VSL in earthquakes, which provides a way of monetising the direct and average impact of the deaths of local people in all age groups [52]. This makes a breakthrough in the interdisciplinary fields of catastrophology, economics, and urban disaster prevention planning by applying approaches of VSL evaluation in disaster risk assessment.…”
Section: Literature Reviewmentioning
confidence: 99%
“…All losses were quantified as an annual dollar amount. While building and agriculture losses were monetary in the source data, impacts on population were monetized into a population equivalence factor by taking fatality estimates from the source data and applying a $7.6 million Value of Statistical Life (VSL) (Zhou et al 2020;FEMA 2009) and adjusting for inflation to 2020 dollars using the Consumer Price Index Inflation calculator (US Bureau of Labor Statistics [BLS] 2021).EAL was calculated using hazard type-specific annualized frequency and consequence type-specific exposure and HLR factors using the method shown in Fig. 3.…”
Section: Expected Annual Lossmentioning
confidence: 99%
“…The amount of data increases with the refinement of the unit division. Therefore, in order to simplify the calculation process, many scholars express the evaluation unit as a community or administrative region (Cimellaro et al 2019;Zhou et al 2020a). However, the urban grid management has high accuracy requirements for the urban information scale, and the unit division methods that have been studied cannot meet the current requirements.…”
Section: Division Of Evaluation Unitmentioning
confidence: 99%