This course will introduce the student to the disaster risk modeling process, including structure of catastrophe models and uses in loss estimation and mitigation; study and modeling of hazards (especially hurricanes and earthquakes; also flood, landslide, and volcanic); vulnerability assessment including simulation of building damage; and estimation of post-disaster injuries and casualties. Additional topics will include exposure modeling (building typology distribution); introduction to disaster economic loss modeling; interpretation of risk metrics (return periods, PML, AAL, VaR, TVaR) and their uncertainty and applicability to management and financial decision-making process; and elements of present and future risk, such as climate and exposure changes. Students will gain introductory experience in the use of GIS and simulation with MATLAB.

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