Open AccessThe economics of earthquake engineering
Author(s) -
J. P. Hollings
Publication year - 1971
Publication title -
bulletin of the new zealand society for earthquake engineering/nzsee quarterly bulletin
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.917
H-Index - 36
eISSN - 2324-1543
pISSN - 1174-9857
DOI - 10.5459/bnzsee.4.2.205-221
Subject(s) - variety (cybernetics) , argument (complex analysis) , earthquake engineering , capital (architecture) , scale (ratio) , computer science , engineering , construction engineering , geography , artificial intelligence , biochemistry , chemistry , cartography , structural engineering , archaeology
This paper attempts to provide the designer of large scale engineering works with a rational method for judging how much capital it is proper to spend on earthquake engineering for the project in question. It does this by setting
up the concept of a hypothetical disaster fund maintained by capital contributions from each new project built. A variety of examples is given to illustrate the argument and the application of the method.