2012
DOI: 10.2139/ssrn.2157137
|View full text |Cite
|
Sign up to set email alerts
|

Deconstructing Disaster

Abstract: Over time, we have grown increasingly vulnerable to natural disasters. Each decade, economic losses from such disasters more than double as people continue to build homes, businesses, and other physical infrastructure in hazardous places. Yet public policy has thus far failed to address the unique problems posed by natural disasters. This Article takes a first step toward improving public policy by offering a paradigm for understanding its failures, suggesting that three categories of obstacles obstruct sensib… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1
1
1
1

Citation Types

0
11
0

Year Published

2014
2014
2019
2019

Publication Types

Select...
6

Relationship

0
6

Authors

Journals

citations
Cited by 9 publications
(11 citation statements)
references
References 5 publications
0
11
0
Order By: Relevance
“…Croson and Sundali (2005) find evidence of the gambler's fallacy in their laboratory research in casinos. In the context of natural disasters, a recent review article by Pidot (2013) shows that individuals recently struck by hurricanes think that the hurricane was a once in a lifetime event, not to happen again. Based on the opposing predictions of the availability heuristic and the gambler's fallacy, we are agnostic about the sign of the relationship between past flood damage and demand for flood insurance.…”
Section: Hypothesesmentioning
confidence: 99%
“…Croson and Sundali (2005) find evidence of the gambler's fallacy in their laboratory research in casinos. In the context of natural disasters, a recent review article by Pidot (2013) shows that individuals recently struck by hurricanes think that the hurricane was a once in a lifetime event, not to happen again. Based on the opposing predictions of the availability heuristic and the gambler's fallacy, we are agnostic about the sign of the relationship between past flood damage and demand for flood insurance.…”
Section: Hypothesesmentioning
confidence: 99%
“…One area of disaster risk management is concerned with limiting the construction of homes in areas at high risk for disasters, as a means for managing the risks imminent disasters present. Scholars have recognized the role people play in the transformation of natural events into disasters (Pidot, 2013).…”
Section: Disaster Risk Managementmentioning
confidence: 99%
“…Helpless, uninsured victims are more vulnerable to disasters and therefore require more ex post aid, which in turn makes the disaster more salient and politicians more eager to stage a rescue. This negative spiral results in a less‐safe environment and higher death tolls (Pidot ). There are some (isolated) voices who call for different solutions (see, for instance, Farber ).…”
Section: Ex Post Government Intervention and Its Criticsmentioning
confidence: 99%
“…The same story can be told of hurricane Irene, which, a few years later, destroyed homes, businesses, and roads, and caused over $15 billion in damage. The flood had these disastrous effects because of unregulated human activities, such as the armoring of the rivers, the hardening of flood plains, and the development of watersheds (Pidot ).…”
Section: Introductionmentioning
confidence: 99%