FINANCIAL RESOURCE ALLOCATION AND OPTIMIZATION TOWARDS REGIONAL SEISMIC RISK REDUCTION

This paper presents an effort for determining the degree of effectiveness of earthquake risk mitigation measures and how to priories such efforts in developing countries. In this paper a model is proposed for optimizing funds allocation towards risk reduction measures building retrofitting and reconstruction process after potential earthquakes in a regional level. the proposed model seeks optimized strategy towards risk reduction based on minimizing of maximizing various criteria such as retrofitting costs economic damages number of human casualties and other seismic hazard consequences.

Keywords:

optimization , vulnerability , reconstruction , earhtquake riskmitigation