Study of Applying Portfolio Theory to Land Use Decision Methodology: The Earthquake Risk Case Study

With this mechanism, the aggressive strategies on land use can be drawn up to respond to natural hazard risks. This study focuses on the earthquake hazard and conducts a case study by analyzing the hazard of soil liquefaction happening in the study area.

In this case study, a multi-criteria decision making method considers: risk assessment, land use and public risk perception. It is constructed to propose a set of land use programs that have relatively advantaged benefit over risk.