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Title:

Life Quality Index for Assessing Risk Acceptance in Geotechnical Engineering

Author(s):
Straub, D.; Lentz, A.; Papaioannou, I.; Rackwitz, R.
Abstract:
The Life Quality Index (LQI) is a recently developed concept that establishes a relation between the resources invested in improving the safety of an engineering facility and potential fatalities that are avoided by the investment. In this way, the LQI provides a rationale for determining acceptability of decisions involving life safety risks in engineering, including the establishment of target reliabilities. In this contribution, the principle of the LQI is outlined and its relevance for makin...     »
Keywords:
Risk acceptance, target reliability
Book / Congress title:
Proc. of the 3rd International Symposium on Geotechnical Safety and Risk (ISGSR 2011)
Year:
2011
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