Cumulative Risk 2
Cumulative Risk 2 :
Total loss resulting from m different potential hazards in a specific area, e.g., earthquakes, thunderstorms, floods, volcanic eruptions, landslides, droughts: CRI = mΣh=1 kΣj=1 Phi Dhi with Phj describes the occurence probabilities of k damaging events of hazard h and Dhj the corresponding total losses
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