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Titel Comment on "Significance of "high probability/low damage" versus "low probability/high damage" flood events" by Merz et al. (2009)
VerfasserIn C. M. Rheinberger
Medientyp Artikel
Sprache Englisch
ISSN 1561-8633
Digitales Dokument URL
Erschienen In: Natural Hazards and Earth System Science ; 10, no. 1 ; Nr. 10, no. 1 (2010-01-05), S.1-2
Datensatznummer 250007869
Publikation (Nr.) Volltext-Dokument vorhandencopernicus.org/nhess-10-1-2010.pdf
 
Zusammenfassung
This comment is meant to shed some light on the use of so-called "risk aversion functions" in the management of flood risks and other natural hazards as recently proposed in this journal (Merz et al., 2009). In particular, I resume the discussion as to whether the relative damage is a suitable indicator of risk aversion and lay out why the use of this indicator may lead to inefficient decisions upon flood mitigation measures.
 
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