An information diffusion technique to assess integrated hazard risks

ABSTRACT An integrated risk is a scene in the future associated with some adverse incident caused by multiple hazards. An integrated probability risk is the expected value of disaster. Due to the difficulty of assessing an integrated probability risk with a small sample, weighting methods and copulas are employed to avoid this obstacle. To resolve the problem, in this paper, we develop the information diffusion technique to construct a joint probability distribution and a vulnerability surface. Then, an integrated risk can be directly assessed by using a small sample. A case of an integrated risk caused by flood and earthquake is given to show how the suggested technique is used to assess the integrated risk of annual property loss. HIGHLIGHTSIt is a universal approach for integrated risk assessment in terms of probability risks.The suggested paradigm has clear physical meaning.The case provides the convenience of using the suggested technique.

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