Benefit Analysis for Natural Hazards

V. Kerry Smith

Research output: Contribution to journalArticlepeer-review

11 Scopus citations

Abstract

The objective of this paper is to develop the ex ante perspective for benefit analysis with natural hazards. It defines an ex ante evaluation of the economic benefits that arise from policies designed to reduce either the risk of or the detrimental effects associated with a natural hazard. In the process the paper compares the ex ante and ex post perspectives and discusses the prospects for implementing the framework by measuring the valuation concepts that are developed.

Original languageEnglish (US)
Pages (from-to)325-334
Number of pages10
JournalRisk Analysis
Volume6
Issue number3
DOIs
StatePublished - Sep 1986

Keywords

  • Benefit analysis
  • ex ante perspective
  • natural hazards
  • risk

ASJC Scopus subject areas

  • Safety, Risk, Reliability and Quality
  • Physiology (medical)

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