Author(s) Mohnaty, Itismita; Edwards, Mark; Ryu, Hyeuk; Wehner, Martin

Cost-effective mitigation strategy development for building related earthquake risk

Source

Bushfire and Natural Hazards Cooperative Research Centre

This report forms part of the output from Project A9 entitled “Cost-Effective Mitigation Strategy Development for Building Related Earthquake Risk” within the Bushfire and Natural Hazards Cooperative Research Centre.

It builds on previous work and provides the experimental estimates for different components of economic loss that might occur in the event of an earthquake scenario. These are specifically business income loss, rental income loss and health care expenditure.

The report considers these in the context of the future Greater Melbourne region (excluding Mornington Peninsula) as a case study. Current research on the economic loss modelling is on track. Future work will estimate the actual business interruption loss values for assessing precinct level economic activity disruption.

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Explore further

Hazards Earthquake

Themes Economics of DRR Structural safety

Country and region Australia

Number of pages

26 p.

Publication year

2018

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