Predicting and managing impacts from catastrophic events using weighted period event tables

摘要

#$%^&*AU2018203417A120180607.pdf#####Predicting and Managing Impacts from Catastrophic Events Using Weighted Period Event Tables ABSTRACT A system stochastically models events related to potential perils (e.g., hurricanes, terrorist attacks) using a weighted period event table. Both rare and likely events are captured in modeling with minimal computational overhead, allowing appropriate allocation of resources. Applications include disaster response, municipal planning, financial risk modeling and allocation,Sheet 1 of 7 START 101 Peril, vulnerability module 102 Event loss: mean, variance at location coverage level 103 Stochastic No Scenario analysis 104 Yes Weighted Period Sample loss for each event in Local, global Event Table P, WPET for all location coverages factooconsider (WPET) 106 correlation 107 108 Financial engine 109 Rick output for clients, other modules 110 100 FIG. 1