Engineers' design pereferences may change with the amount of monetary value that is involved in a structural system. When there could be a large amount of damage due to the possible collapse of a structure, the engineer will be very riskaverse in his design. In this paper it will be shown how risk-averse behavior can be included in a reliability-based design by using convex utility functions of monetary value. The procedure will be applied to a design of a sea defense system.
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