Fundamentals of probabilistic risk analysis. Stochastic modeling of hazards. Estimation of extremes. Vulnerability modeling of natural and built environment. Evaluation of failure chances and consequences. Reliability analysis. Decision analysis and risk management. Case studies involving natural hazards, including earthquakes, extreme wind, rainfall flooding, storm surge, hurricanes, and climate change, and their induced damage and economic losses. Not open to freshmen. Prerequisites: Basic probability and statistics course.
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