Statutory and operational damage stability by a monte carlo based approach

HIGHLIGHTS

SUMMARY

    To overcome this problem, a Monte Carlo-based simulation procedure for damage stability problems was developed over the years which treats damage stability as a stochastic process. This inverted method is based on the concept that instead of assuming a damage case and calculating the related probabilities, it is much more efficient to assume a damage extent and to compute the outcome of that particular damage extent, which can be most efficiently solved by a classical Monte Carlo Simulation technique. Most challenging here is to determine the required individual probabilities p, r, and v . . .

     

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