Overview

This volume addresses many of the economic issues surrounding wind-related disasters. The research and ideas expressed in this volume are necessarily multidisciplinary in nature. Wind events such as tornadoes, hurricanes, and cyclones affect regional economies, individual households and businesses, as well as entire industries. Consequently, it is important to understand the impact that wind has on the markets in which businesses and people interact. Moreover, households, firms and government policymakers may take steps to mitigate the losses and/or adverse effects associated with wind storms either before or after the event occurs. Thus, it is inevitable that the study of economics and wind would be intertwined. Contributors include social scientists, economists, risk management and insurance specialists, and civil engineers from around the world. They include researchers from universities and private industry, many of whom are engaged in ongoing research programs funded by state and federal agencies.

Full Product Details

Author:   Bradley T Ewin ,  Jerry S Rawls ,  Jamie B Kruse
Publisher:   Nova Science Publishers Inc
Imprint:   Nova Biomedical
Weight:   0.648kg
ISBN:  

9781594542800

ISBN 10:   1594542805
Pages:   187
Publication Date:   12 August 2005
Audience:   College/higher education ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock  
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Table of Contents

Introduction; Disasters by Design; Fujita Scale and Dollar Losses: Evidence from the May 1999 Oklahoma City Tornado; Analysis of Local Labour Market Responses to Tornadoes; Wind Disasters and the Insurance Industry; Effect of Uncertainties in Modelling Tropical Cyclones on Pricing Excess of Loss Reinsurance; Weather and Shocks to Insurance Stock Prices: Volatility and Persistence; Risk Mitigation: Individual and Market Behaviour; Risk Perception and the Value of Safe Rooms as a Protective Measure from Tornadoes: a Survey Method; The Market for Tornado Protection: Market and Policy Responses Following the May 1999 Oklahoma Tornadoes; Impacts of Insurance Deductibles and Hurricane Damage Perceptions on Mitigation Choices; Hurricane Risk Perceptions and Preparedness; Valuing Safe Rooms in Hurricane Prone Regions; Natural Hazards, Fatality Rates and Societal Vulnerability; Guidelines for the Uniform Definition, Identification, and Measurement of Economic Damages from Natural Hazard Events; Index.

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