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On the principle of maximum entropy and the risk analysis of disaster loss
Authors:Lihua Feng  Weihu Hong
Institution:1. Department of Geography, Zhejiang Normal University, Jinhua 321004, China;2. Department of Mathematics, Clayton State University, GA 30260, USA
Abstract:Disasters that occur everywhere in the most disordered way indicate that disaster entropy has reached the maximum value. Under given constraint conditions, when disaster entropy is the maximum value, the disaster loss series should follow P-III distribution. The occurrence interval of disaster loss refers to the average time interval that disaster loss of certain degree happens in the future. We could, according to the field disaster data and using P-III distribution function, calculate the value of future disaster loss with certain recurrence interval. Explicit in concept and easy to use, such a method has significant meaning in practice.
Keywords:Principle of maximum entropy  P-III distribution function  Recurrence interval  Disaster loss  Risk analysis
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