Overview
- Provides comprehensive assessment of economic consequences of disasters
- Studies measurement of resilience and behavioral responses to disasters
- Contains computable general equilibrium analysis of direct and indirect impacts
- Introduces reduced-form analysis of disasters
- Presents measurement of uncertainty of input parameters and results
Part of the book series: Integrated Disaster Risk Management (IDRM)
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About this book
The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.
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Keywords
Table of contents (9 chapters)
Authors and Affiliations
About the authors
Fynnwin Prager: College of Business Administration and Public Policy, California State University, Dominguez Hills
Zhenhua Chen: Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California
Samrat Chatterjee: Applied Statistics and Computational Modeling, Pacific Northwest National Laboratory
Dan Wei: Price School of Public Policy and Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California
Nathaniel Heatwole: Acumen, LLC
Eric Warren: Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California
Bibliographic Information
Book Title: Economic Consequence Analysis of Disasters
Book Subtitle: The E-CAT Software Tool
Authors: Adam Rose, Fynnwin Prager, Zhenhua Chen, Samrat Chatterjee, Dan Wei, Nathaniel Heatwole, Eric Warren
Series Title: Integrated Disaster Risk Management
DOI: https://doi.org/10.1007/978-981-10-2567-9
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2017
Hardcover ISBN: 978-981-10-2566-2Published: 25 April 2017
Softcover ISBN: 978-981-10-9653-2Published: 09 May 2018
eBook ISBN: 978-981-10-2567-9Published: 13 April 2017
Series ISSN: 2509-7091
Series E-ISSN: 2509-7105
Edition Number: 1
Number of Pages: XLV, 137
Number of Illustrations: 14 b/w illustrations, 14 illustrations in colour
Topics: Environmental Economics, Risk Management, Natural Hazards