Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper … main measure of disaster severity. Using a new, agent-based model that represents explicitly the recovery and … reconstruction process at the household level, this risk assessment provides new insights into disaster risks in the Philippines …

disaster.” However these assessments are based on different methodologies and approaches, and they often reach different … results. Besides methodological differences, these discrepancies are due to the multi-dimensionality in disaster impacts and … disaster, and emphasizes the most important mechanisms that explain and determine this cost. It does so by first explaining why …

plains), this paper shows that rapid development in these areas-and the resulting increase in disaster losses-may be the … consequence of a rational and well-informed trade-off between lower disaster losses and higher productivity. With disasters … possibly becoming less frequent but increasingly destructive in the future, average disaster losses may grow faster than wealth …

disaster. It represents explicitly production bottlenecks, models a flexibility in production capacity in case of scarcity, and …

lives per year, avoid between 460 million and 2.7 billion Euros of disaster asset losses per year, and produce between 3 …

increase more slowly than capital at risk, (i) protection improves over time and the probability of disaster occurrence … decreases; (ii) capital at risk - and thus economic losses in case of disaster - increases faster than economic growth; (iii …

Investment decision making is already difficult for any diverse group of actors with different priorities and views …. But the presence of deep uncertainties linked to climate change and other future conditions further challenges decision … making by questioning the robustness of all purportedly optimal solutions. While decision makers can continue to use the …