Ebook: Playing against nature : integrating science and economics to mitigate natural hazards in an uncertain world
Author: Stein Jerome L., Stein Seth
- Tags: Hazard mitigation. Hazard mitigation -- Economic aspects. Natural disasters -- Economic aspects. Natural disasters -- Risk assessment. Emergency management. BUSINESS & ECONOMICS -- Infrastructure. SOCIAL SCIENCE -- General.
- Series: Wiley Works
- Year: 2014
- Publisher: John Wiley & Sons
- Edition: 1
- Language: English
- pdf
Defending society against natural hazards is a high-stakes game of chance against nature, involving tough decisions. How should a developing nation allocate its budget between building schools for towns without ones or making existing schools earthquake-resistant? Does it make more sense to build levees to protect against floods, or to prevent development in the areas at risk? Would more lives be saved by making �Read more...
Abstract:
* Outlines a framework to find the optimal level of mitigation by balancing its cost against the expected damages, recognizing the uncertainties in the hazard estimates. �Read more...
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