Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Operations research or analysis
Reexamination Certificate
2005-07-01
2011-11-01
Kyle, Charles R. (Department: 3695)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Operations research or analysis
C705S037000, C705S038000
Reexamination Certificate
active
08050951
ABSTRACT:
Described are a method, computer program product, and system for risk management using readily available, gridded hazard data to estimate and obtain a risk analysis parameter (e.g., expected repair cost) for use in risk management, such as in seismic risk management. The method includes calculating economic risk for buildings in terms of an expected annualized loss (EAL). EAL is the product of a scenario loss estimate called probable frequent loss (PFL) and an economic hazard coefficient (H). H can be created using readily available gridded hazard data produced by the U.S. Geological Survey. The method also includes a technique for calculating shaking intensity, sEBE, which is needed for determining PFL. Incorporated into a system, the system can be utilized by engineering consultants (or others interested in risk management) via the Internet, or on any other computer readable medium.
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California Institute of Technology
Chencinski Siegfried E.
Kyle Charles R.
Tope-McKay & Associates
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