Project sponsor: Pacific Earthquake Engineering Research Center

Figure from Baker and Cornell, 2003
Probabilistic estimation of losses in a building due to earthquake damage is a topic of interest to decision makers and an area of active research. One promising approach to the problem, proposed by the Pacific Earthquake Engineering Research (PEER) Center, involves breaking the analysis into separate components associated with ground motion hazard, structural response, damage to components and repair costs. Each stage of this method has both inherent (aleatory) randomness and (epistemic) model uncertainty, and these two sources of uncertainty must be propagated through the analysis in order to determine the total uncertainty in the resulting loss estimates. In this work, the PEER framework for seismic loss estimation is reviewed and options for both characterizing and propagating the various sources of uncertainty are proposed.