Happy holidays from us to you—get up to $30 off your next print or eBook! Shop now >>

Integrated Disaster Risk Management

Economic Consequence Analysis of Disasters

The E-CAT Software Tool

Authors: Rose, A., Prager, F., Chen, Z., Chatterjee, S., Wei, D., Heatwole, N., Warren, E.

  • Provides comprehensive assessment of economic consequences of disasters
  • Studies measurement of resilience and behavioral responses to disasters
  • Contains computable general equilibrium analysis of direct and indirect impacts
  • Introduces reduced-form analysis of disasters
  • Presents measurement of uncertainty of input parameters and results
see more benefits

Buy this book

eBook $59.99
price for USA in USD (gross)
  • ISBN 978-981-10-2567-9
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $74.99
price for USA in USD
  • ISBN 978-981-10-2566-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $74.99
price for USA in USD
  • ISBN 978-981-10-9653-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

This study develops a methodology for rapidly obtaining approximate estimates of the economic consequences from numerous natural, man-made and technological threats. This software tool is intended for use by various decision makers and analysts to obtain estimates rapidly. It is programmed in Excel and Visual Basic for Applications (VBA) to facilitate its use. This tool is called E-CAT (Economic Consequence Analysis Tool) and accounts for the cumulative direct and indirect impacts (including resilience and behavioral factors that significantly affect base estimates) on the U.S. economy. E-CAT is intended to be a major step toward advancing the current state of economic consequence analysis (ECA) and also contributing to and developing interest in further research into complex but rapid turnaround approaches.
The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.

About the authors

Adam Rose: Price School of Public Policy and Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California
Fynnwin Prager: College of Business Administration and Public Policy, California State University, Dominguez Hills
Zhenhua Chen: Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California
Samrat Chatterjee: Applied Statistics and Computational Modeling, Pacific Northwest National Laboratory
Dan Wei: Price School of Public Policy and Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California
Nathaniel Heatwole: Acumen, LLC
Eric Warren: Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California

Table of contents (9 chapters)

  • Introduction

    Rose, Adam (et al.)

    Pages 1-8

  • Enumeration of Categories of Economic Consequences

    Rose, Adam (et al.)

    Pages 9-17

  • Threat Scenarios and Direct Impacts

    Rose, Adam (et al.)

    Pages 19-30

  • Computable General Equilibrium Modeling and Its Application

    Rose, Adam (et al.)

    Pages 31-65

  • User Interface Variables

    Rose, Adam (et al.)

    Pages 67-76

Buy this book

eBook $59.99
price for USA in USD (gross)
  • ISBN 978-981-10-2567-9
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $74.99
price for USA in USD
  • ISBN 978-981-10-2566-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $74.99
price for USA in USD
  • ISBN 978-981-10-9653-2
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Loading...

Recommended for you

Loading...

Bibliographic Information

Bibliographic Information
Book Title
Economic Consequence Analysis of Disasters
Book Subtitle
The E-CAT Software Tool
Authors
Series Title
Integrated Disaster Risk Management
Copyright
2017
Publisher
Springer Singapore
Copyright Holder
Springer Science+Business Media Singapore
eBook ISBN
978-981-10-2567-9
DOI
10.1007/978-981-10-2567-9
Hardcover ISBN
978-981-10-2566-2
Softcover ISBN
978-981-10-9653-2
Series ISSN
2509-7091
Edition Number
1
Number of Pages
XLV, 137
Number of Illustrations
14 b/w illustrations, 14 illustrations in colour
Topics