2013
DOI: 10.2139/ssrn.2233312
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Integrated Assessment of Natural Hazards and Climate Change Adaptation: II - The Serra Methodology

Abstract: We propose an integrated methodology to evaluate the four possible socio-economic costs namely direct/indirect and tangible/intangible costs due to adverse consequences of flood. Although SERRA is based on full monetization of costs and benefits of risk, it can allow for other methods of economic appraisal such as cost-effectiveness when controversial or unethical. By considering social aspect of vulnerability, meaning adaptive and coping capacities of the affected society, we arrive at a more accurate estimat… Show more

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Cited by 9 publications
(9 citation statements)
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“…Despite their evident relevance, the links between physical and social dimensions of flood risk have rarely been explored in detail and sectoral and technocratic approaches to flood risk management have been preferred (Brown and Damery 2002). To go beyond technocratic approaches, in this study we apply an integrated assessment framework of risk (see Figure 2) recently developed by Giupponi et al (2013a) and Mojtahed et al (2013) that combines various social and ecological indicators of risks related to floods. The framework has been implemented in the eastern part of Dhaka city, Bangladesh, extremely prone to detrimental flooding.…”
Section: Discussionmentioning
confidence: 99%
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“…Despite their evident relevance, the links between physical and social dimensions of flood risk have rarely been explored in detail and sectoral and technocratic approaches to flood risk management have been preferred (Brown and Damery 2002). To go beyond technocratic approaches, in this study we apply an integrated assessment framework of risk (see Figure 2) recently developed by Giupponi et al (2013a) and Mojtahed et al (2013) that combines various social and ecological indicators of risks related to floods. The framework has been implemented in the eastern part of Dhaka city, Bangladesh, extremely prone to detrimental flooding.…”
Section: Discussionmentioning
confidence: 99%
“…The framework is shown in Figure 2. The detailed description of framework can be found in Giupponi et al (2013a) and Mojtahed et al (2013). In brief, risk is considered as the result of the combination of hazard, exposure, and vulnerability.…”
Section: Concept Of Risk and Framework For Assessmentmentioning
confidence: 99%
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