Location of Repository

Optimal Strategy for Business Recovery after Earthquakes

By Alfred B. Mason, James L. Beck, Younes Achkire, Simon Wilkie and Ayhan Irfanoglu

Abstract

A methodology for choosing the best recovery strategy is presented for a company that owns\ud multiple income-producing properties damaged in an earthquake. The basic idea is to choose\ud recovery actions that maximize the net asset value of the properties owned by the company. This\ud methodology helps to address the question of whether each property should be repaired or\ud demolished. It allows the optimal expenditure rate and optimal time for repair or demolition to be\ud determined. Furthermore, when the total cost of repairs is subject to a budget constraint, the\ud methodology shows whether each property should be repaired immediately, delayed or never\ud repaired

Publisher: New Zealand Society for Earthquake Engineering
Year: 2000
OAI identifier: oai:authors.library.caltech.edu:34388
Provided by: Caltech Authors
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://resolver.caltech.edu/Ca... (external link)
  • http://resolver.caltech.edu/Ca... (external link)
  • http://authors.library.caltech... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.