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Engineering Decisions under Risk Averseness
Publisher: American Society of Civil Engineers
Abstract: Engineering decisions are invariably made under substantial uncertainty about current and future system cost and response, including cost and response associated with low-probability, high-consequence events. A risk-neutral ...
Optimal Design with Probabilistic Objective and Constraints
Publisher: American Society of Civil Engineers
Abstract: Significant challenges are associated with solving optimal structural design problems involving the failure probability in the objective and constraint functions. In this paper, we develop gradient-based optimization ...
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