This paper introduces a new modeling framework to understand and improve regional natural disaster risk management in the USA, including the interactions among key stakeholders and between the two important risk management mechanisms of insurance and retrofit. The framework includes a stochastic...

This paper presents a new optimization model to help cities in seismically active developing countries decide (1) How much to spend on pre-earthquake mitigation versus waiting until after an event and paying for reconstruction or simply not rebuilding damaged buildings? (2) Which buildings to...