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Knowing the safety factor for limit states such as plastic collapse, low cycle fatigue or ratcheting is always a major design consideration for civil and mechanical engineering structures that are subjected to loads. Direct methods of limit or shakedown analysis that proceed to directly find the limit states offer a better alternative than exact time-stepping calculations as, on one hand, an exact loading history is scarcely known, and on the other they are much less time-consuming. This book presents the state of the art on various topics concerning these methods, such as theoretical advances in limit and shakedown analysis, the development of relevant algorithms and computational procedures, sophisticated modeling of inelastic material behavior like hardening, non-associated flow rules, material damage and fatigue, contact and friction, homogenization and composites.