Aj. Kappos et al., DEVELOPMENT OF SEISMIC RISK SCENARIOS BASED ON A HYBRID METHOD OF VULNERABILITY ASSESSMENT, Natural hazards, 17(2), 1998, pp. 177-192
A hybrid methodology of vulnerability analysis is presented, involving
elements from both empirical and theoretical methods. A model for cor
relating analytically calculated structural damage indices to loss (in
monetary terms) is also proposed and calibrated against available sta
tistical data. Probability damage matrices derived using this methodol
ogy are incorporated into a cost-benefit model tailored to the problem
of estimating the feasibility of seismically rehabilitating the exist
ing stock of reinforced concrete buildings in Thessaloniki, Greece. Lo
sses calculated using the suggested procedure are found to be in good
agreement with losses incurred during the 1978 Thessaloniki earthquake
. The results of the present study also indicate that benefit/cost rat
ios for reinforced concrete buildings are quite low. Hence, it appears
that a pre-earthquake strengthening programme is not economically jus
tifiable.