2001
DOI: 10.1080/00206810109465024
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A Portfolio Approach to Evaluating Natural Hazard Mitigation Policies: An Application to Lateral-Spread Ground Failure in Coastal California

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Cited by 17 publications
(4 citation statements)
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“…These include residents and business owners affected by the hurricane; state and local government agencies that must administer the building code or provide low-interest loans and/or grants; federal agencies that deal with the consequences and losses following a disaster; and the general taxpayer who will bear some of the costs of administering the code, the low-interest loans and/or grants, and the disaster assistance provided by the public sector following a disaster. Depending on the stringency and geographic coverage of mitigation policies and standards for communities, CBA analysis has shown that the spatial heterogeneity of the hazard in a region affects the extent of the regulatory burden and the efficiency of its implementation (Bernknopf et al 2001).…”
Section: Step 2 Determine Direct Costs Of Mitigation Alternativesmentioning
confidence: 99%
“…These include residents and business owners affected by the hurricane; state and local government agencies that must administer the building code or provide low-interest loans and/or grants; federal agencies that deal with the consequences and losses following a disaster; and the general taxpayer who will bear some of the costs of administering the code, the low-interest loans and/or grants, and the disaster assistance provided by the public sector following a disaster. Depending on the stringency and geographic coverage of mitigation policies and standards for communities, CBA analysis has shown that the spatial heterogeneity of the hazard in a region affects the extent of the regulatory burden and the efficiency of its implementation (Bernknopf et al 2001).…”
Section: Step 2 Determine Direct Costs Of Mitigation Alternativesmentioning
confidence: 99%
“…Examples include Kappos and Dimitrakopoulos (2008), Altay et al (2002), and Kuwata and Takada (2003). Stochastic NPV is similar, except instead of a single point estimate, a probability density function of the benefits of each mitigation alternative is estimated, where the uncertainty is due to uncertainty in earthquake occurrence (e.g., Englehardt and Peng 1996;Bernknopf et al 2001;Mostafa and Grigoriu 2002). A few studies have used multiattribute utility theory, such as Nuti and Vanzi (1998) and Opricovic and Tzeng (2002).…”
Section: Introductionmentioning
confidence: 98%
“…A couple of examples from the literature where estimates of losses were made for possible future disasters are Ellson et al (1984) who estimate the impacts of an earthquake in the Charleston, SC area, and Rose et al (1997) who estimate indirect losses in Memphis, TN due to electrical outages caused by an earthquake along the New Madrid fault system. Bernknopf et al (2001) proposed a simplified approach to damage estimation for certain types of earthquake damage. They demonstrate their technique by performing an assessment of the risks of earthquake-induced lateral-spread ground failure in Watsonville, CA.…”
Section: Hazard Models and Damage Predictionmentioning
confidence: 99%