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While agreeing on the choice of an optimal investment decision is already difficult for any diverse group of actors, priorities, and world views, the presence of deep uncertainties further challenges the decision-making framework by questioning the robustness of all purportedly optimal...
Persistent link: https://www.econbiz.de/10011395478
This paper presents a multisectoral risk assessment, analyzing natural risks faced by key drivers of socioeconomic development in coastal Vietnam. The analysis quantifies the exposure of assets and economic activity to the following natural hazards: riverine flooding, coastal flooding, typhoon...
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People living in poverty are particularly vulnerable to shocks, including those caused by natural disasters such as floods and droughts. Previous studies in local contexts have shown that poor people are also often overrepresented in hazard-prone areas. However, systematic evidence across...
Persistent link: https://www.econbiz.de/10012245604
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People living in poverty are particularly vulnerable to shocks, including those caused by natural disasters such as floods and droughts. Previous studies in local contexts have shown that poor people are also often overrepresented in hazard-prone areas. However, systematic evidence across...
Persistent link: https://www.econbiz.de/10012571455
Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as its main measure of disaster severity. Using a new,...
Persistent link: https://www.econbiz.de/10012004799
Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as the main measure of disaster severity. Using an agent-based...
Persistent link: https://www.econbiz.de/10012114431