spatialrisk

Calculating Spatial Risk

CRAN Package

Methods for spatial risk calculations. It offers an efficient approach to determine the sum of all observations within a circle of a certain radius. This might be beneficial for insurers who are required (by a recent European Commission regulation) to determine the maximum value of insured fire risk policies of all buildings that are partly or fully located within a circle of a radius of 200m. See Church (1974) doi:10.1007/BF01942293 for a description of the problem.


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