The Economics of Natural and Unnatural Disasters

The Economics of Natural and Unnatural Disasters

The Economics of Natural and Unnatural Disasters

The Economics of Natural and Unnatural Disasters

Synopsis

The essays presented here give the reader a sample of the sort of research now being undertaken on the economics of disasters. Several themes long dominant in this literature are thoroughly discussed. These include the ability of potential disaster victims to accurately assess the risks they face, the role of incentives in ensuring that mitigation efforts are undertaken, the adequacy of our evaluation of the impact of disasters on economies, and discussion of the effectiveness of current government policies toward disaster prevention and relief.

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