Category: Floods

Can Mangroves Minimize Property Loss during Big Storms? An Analysis of House Damage due to the Super Cyclone in Orissa

Abstract: Storm protection is an important regulating service provided by mangrove forests because they can shield inland property and lives during tropical cyclones. Theoretical as well as empirical research shows that mangroves provide protection from… more »

Non-linear incentives, plan design, and flood mitigation: the case of the Federal Emergency Management Agency's community rating system

Abstract: A basic proposition of 'agency theory' is that output-based performance incentives encourage greater effort. However, studies find that incentive schemes can distort effort if rewards for performance are discrete or non-linear. The Federal Emer… more »

Version 4.5.5 of Mitigation Benefit-Cost Analysis (BCA) Toolkit Released

Version 4.5.5 of the Mitigation Benefit-Cost Analysis (BCA) Toolkit was released in August of 2009. The toolkit includes all of the FEMA BCA software, technical guides and tools to conduct a Benefit Cost Analysis. Version 4.5.5 represents a major updat… more »

Density and Disasters: Economics of Urban Hazard Risk

Abstract: Today, 370 million people live in cities in earthquaken prone areas and 310 million in cities with high probability of tropical cyclones. By 2050, these numbers are likely to more than double. Mortality risk therefore is highly concentrated in… more »

Droughts, Floods and Financial Distress in the United States

Abstract: The relationships among the weather, agricultural markets, and financial markets have long been of interest to economic historians, but relatively little empirical work has been done. John Landon-Lane, Hugh Rockoff and Richard H. Steckel push t… more »