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- W1657498439 abstract "Loss estimates have been shown in various studies to be highly sensitive to the methodology employed, the seismicity and ground-motion models, the vulnerability functions, and assumed replacement costs (e.g. Crowley et al., 2005; Molina and Lindholm, 2005; Grossi, 2000). It is clear that future loss models should explicitly account for these epistemic uncertainties. Indeed, a cause of frequent concern in the insurance and reinsurance industries is precisely the fact that for certain regions and perils, available commercial catastrophe models often yield significantly different loss estimates. Of equal relevance to many users is the fact that updates of the models sometimes lead to very significant changes in the losses compared to the previous version of the software." @default.
- W1657498439 created "2016-06-24" @default.
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- W1657498439 date "2009-04-01" @default.
- W1657498439 modified "2023-09-28" @default.
- W1657498439 title "Modelling the Epistemic Uncertainty in the Vulnerability Assessment Component of an Earthquake Loss Model" @default.
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