Well, it looks like a bandpass filter. It allows frequencies between a certain range, depending on the values of your circuit elements. It becomes more apparent when you find the transfer function.
If you change those circuit elements into the s-domain, and then write a node equation at [;V_o;], you get:
[;\frac{V_o - V_i}{R}+\frac{V_o}{Ls};+V_o*Cs = 0;]
Doing some algebra, you can get the transfer function,
[;\frac{V_o(s)}{V_i(s)} = \frac{s}{RC*s^2+R*s+\frac{R}{L}};]
with a little more algebra, we can get it into a useful form:
[;\frac{s\frac{1}{RC}}{s^2+s\frac{1}{C}+\frac{1}{LC}};]
For analysis, if you change it into the frequency domain ([;s = j*\omega;]), set some values for our elements and vary the frequency, we can see what will happen. I find it rather easy in MATLAB. There are equations to see where your range will be, but I don't know them off the top of my head. Something about 3dB. This is where you can get into design.
I guess your best bet is to do a frequency response and graph the frequencies from like 0Hz to 1MHz. You'll see your bandpass
Also, we can see as we increase R, the output will decrease. So I think it's safe to say that increasing R will increase your damping factor.
Hopefully this helped.