Density and Disasters : Economics of Urban Hazard Risk

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dc.creatorDeichmann, Uwe
dc.creatorLall, Somik V.
dc.date2013-08-26T17:30:03Z
dc.date2013-08-26T17:30:03Z
dc.date2012-02-01
dc.date.accessioned2026-07-01T01:11:06Z
dc.descriptionToday, 370 million people live in cities in earthquake prone areas and 310 million in cities with a high probability of tropical cyclones. By 2050 these numbers are likely to more than double, leading to a greater concentration of hazard risk in many of the world's cities. The authors discuss what sets hazard risk in urban areas apart, summarize estimates of valuation of hazard risk, and discuss implications for individual mitigation and public policy. The main conclusions are that urban agglomeration economies change the cost–benefit calculation of hazard mitigation; that good hazard management is first and foremost good general urban management; and that the public sector must perform better in promoting market-based risk reduction by generating and disseminating credible information on hazard risk in cities.
dc.formatapplication/pdf
dc.identifierWorld Bank Research Observer
dc.identifier1564-6971
dc.identifierdoi:10.1093/wbro/lkr006
dc.identifierhttps://hdl.handle.net/10986/15348
dc.identifierhttps://doi.org/10.1596/15348
dc.identifier.urihttp://hdl.handle.net/123456789/415913
dc.languageen_US
dc.publisherOxford University Press on behalf of the World Bank
dc.relationWorld Bank Research Observer
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.rightsWorld Bank
dc.subjectcapitalization
dc.subjectEconomics
dc.subjectexternalities
dc.subjectHousing
dc.subjectHousing prices
dc.subjectinsurance
dc.subjectinsurance premiums
dc.subjectlabor markets
dc.subjectland prices
dc.subjectlarge cities
dc.subjectmigration
dc.subjectmunicipal governments
dc.subjectpresent value
dc.subjectproductivity
dc.subjectpublic agencies
dc.subjectpublic policy
dc.subjecturban governments
dc.subjecturban growth
dc.subjecturbanization
dc.subjectwages
dc.titleDensity and Disasters : Economics of Urban Hazard Risk
dc.typeJournal Article
dc.typeArticle de journal
dc.typeArtículo de revista

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