Performance-based design (PBD) has been a "buzz" word in the earthquake engineering field in the last decade, and in the wind engineering field, some have proposed it to be adopted as well although others say that it is actually the practice already. This online essay by R.E.R. Aquino discusses a view of what PBD is:
http://ronjie-engg.blogspot.com/2009/11/what-does-performance-based-design-mean.html
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