Losses Analysis =============== 🚧 What happens when infrastructure is disrupted by hazards? ------------------------------------------------------------ The **Losses module** in RA2CE estimates the **economic (indirect) losses** caused by service disruptions to infrastructure during hazard events. While the :doc:`Damages module ` answers *“How much does it cost to repair my infrastructure?”*, the **Losses module** answers *“What is the economic impact when my infrastructure cannot function?”*. This includes, for example: - Extra travel time due to blocked or slowed road segments. - Detour and rerouting costs. - Productivity and accessibility losses. - Wider socio-economic impacts of reduced service levels. ---- Types of Loss Analysis ----------------------- RA2CE currently supports only one type of losses workflow: - :doc:`Criticiality based losses <../_examples/losses_multi_link_redundancy_losses>` This is the economic losses due to disruption of road segments, based on the criticality of each link in the network (see details in the :doc:`Criticality analysis `). ---- Direct vs Indirect Impacts --------------------------- RA2CE distinguishes between **damages** and **losses**: +--------------------------+------------------------------------------------+ | **Damages** | **Losses** | +==========================+================================================+ | Physical repair/rebuild | Economic cost of disruption | | costs (in €) | (in €) | +--------------------------+------------------------------------------------+ | Based on *damage curves* | Based on *loss functions* and Value of Time | +--------------------------+------------------------------------------------+ | Example: *Cost to repair | Example: *Extra cost from 1h travel delay for | | a flooded bridge* | 10,000 commuters* | +--------------------------+------------------------------------------------+ Both are essential in **risk assessment**: - *Damages* reflect how much money is needed to repair/replace assets. - *Losses* reflect the broader economic cost of losing access to those assets. Where to Start -------------- The following tutorials guide you through different parts of the losses workflow: .. toctree:: :maxdepth: 1 ../_examples/losses_multi_link_redundancy_losses