At War with the Weather: Managing Large-Scale Risks in a New Era of Catastrophes (MIT Press)
| Author | : | |
| Rating | : | 4.45 (541 Votes) |
| Asin | : | 0262012820 |
| Format Type | : | paperback |
| Number of Pages | : | 440 Pages |
| Publish Date | : | 2015-12-31 |
| Language | : | English |
DESCRIPTION:
Erwann Michel-Kerjan is Managing Director of the Wharton Risk Management and Decision Processes Center and teaches in the Wharton School MBA program. Howard Kunreuther is Cecilia Yen Koo Professor of Decision Sciences and Public Policy at the Wharton School, University of Pennsylvania and Codirector of the Wharton Risk Management and Decision Processes Center. He is Co-Chair of the World Economic Fo
The damage caused by these storms led to insurance reimbursements and federal disaster relief of more than $180 billion -- a record sum. The question is not whether but when, and how frequently, future catastrophes will strike and the extent of damages they will cause. Today we are more vulnerable to catastrophic losses because of the increasing concentration of population and activities in high-risk coastal regions of the country. They offer innovative, long-term solutions for reducing losses and providing financial support for disaster victims that define a coherent strategy to assure sustainable recovery from future large-scale disasters. The amount of data collected and analyzed and innovations proposed make this the most comprehensive book written on these critical issues in the past thirty years.. Gulf Coast within a six-week period. The United States and other nations are facing large-scale risks at an accelerating rhythm. Who should pay the costs associated with catastrophic losses suffered by homeowners in hazard-p
"Intense & Useful" according to davcrump. A very intense and useful book. Purchase extra copies to provide to legislators on our hurricane risk for Texas. Word
The subject is important and the authors know what they are doing.” —--Joseph B. Litan, Vice President for Research and Policy, Ewing Marion Kauffman Foundation . This book is essential reading for anyone searching for solutions to the problem of financing large-scale catastrophes.” —--Terri M. A spectacular work." —Mark J. Vaughan, CEO, National Association of Insurance Commissioners“This is a book you are going to want to read. Hammitt, Professor of Economics and Decision Sciences, Harvard University, and Director, Center f