Benefit-Cost Analysis for Earthquake-Resilient Building Design and Retrofit: State of the Art and Future Research Needs.

This paper reviews the state of the art in using benefit-cost analysis (BCA) to inform earthquake risk reduction decisions by building owners and policymakers. The goal is to provide a roadmap for the application and future development of BCA methods and tools for earthquake risk reduction. Our review covers three earthquake risk reduction measures: adopting up-to-date building codes for new construction, designing new buildings to exceed code requirements, and retrofitting deficient existing buildings.

Motivators and impediments to seismic retrofit implementation for wood-frame soft-story buildings: A case study in California.

Motivating property owners to mitigate seismic risks for existing buildings is a major challenge for many earthquake-prone regions. This article identifies primary factors that may affect the adoption of seismic retrofit by owners of commercial and residential buildings, assesses the influence of economic, social, regulatory, and individual factors on retrofit implementation in three California cities, and discusses potential approaches to promoting seismic retrofits. Data for three retrofit programs are utilized to create predictive models for retrofit probability.

Natural hazards compound COVID-19 impacts on small businesses disproportionately for historically underrepresented group operators.

In the wake of the COVID-19 pandemic small businesses made headlines as hard hit by customer losses, revenue declines, and business closures. Yet, the impacts have been felt disproportionately by small businesses that suffered interruption due to pre-existing socioeconomic stressors and/or concurrent natural hazards experienced during the pandemic. To illuminate those compound impacts, we conducted a survey of over 1350 U S.

Review of Seismic Risk Mitigation Policies in Earthquake-Prone Countries: Lessons for Earthquake Resilience in the United States.

This article reviews the current state of practice in seismic risk mitigation, focusing on policies in ten of the most earthquake-prone countries around the world. In particular, the review compares policies to retrofit existing buildings and mechanisms for financing seismic risk mitigation, within the context of seismic risk and design standards for each country. The goal of the review is to identify policy best practices that may be useful for national and local governments that are interested in improving their earthquake resilience.

Does resilience yield dividends? Co-benefits of investing in increased resilience in Cedar Rapids.

Cedar Rapids, IA, offers a unique case study in planning for increased resilience. In 2008, Cedar Rapids experienced severe flooding. Rather than simply rebuilding, the city of Cedar Rapids began to invest in a resilient flood control system and in the revitalization of its Downtown neighborhood.

The Total Costs of Seismic Retrofits: State of the Art.

This article presents the current state-of-practice with respect to quantifying the total cost to retrofit an existing building. In particular, we combine quantitative, qualitative, and heuristic data to provide a taxonomy for understanding the direct and indirect costs associated with seismic risk mitigation. Much of the literature to date has focused on estimating retrofit costs, the costs of retrofitting the structural elements of a building.

A Predictive Modeling Approach to Estimating Seismic Retrofit Costs.

This paper presents a methodology for estimating seismic retrofit costs from historical data. In particular, historical retrofit cost data from FEMA 156 is used to build a generalized linear model (GLM) to predict retrofit costs as a function of building characteristics. While not as accurate as an engineering professional's estimate, this methodology is easy to apply to generate quick estimates and is especially useful for decision makers with large building portfolios.

Social and Economic Components of Resilient Multi-Hazard Building Design.

In 2017, U.S. damages from natural hazard events exceeded $300B, suggesting that current targets for building performance do not sufficiently mitigate loss.