Earthquake Vulnerability Reduction Program in Colombia : A Probabilistic Cost-benefit Analysis

Earthquake Vulnerability Reduction Program in Colombia : A Probabilistic Cost-benefit Analysis

Cost-benefit analysis is a standard tool for determining the efficiency of planned projects. But one of the major difficulties in risk mitigation investments is that benefits are by nature uncertain. In this context, the standard approach relying on the average value of benefits may provide an incom...

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Bibliographic Details
Main Authors: Ghesquiere, Francis, Jamin, Luis, Mahul, Olivier
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ASSET CLASSIFICATION
ASSET VALUE
AVALANCHES
BONDS
CATASTROPHIC EVENTS
CATASTROPHIC RISKS
CONTINGENCY PLANNING
COST OF CAPITAL
COVERAGE
DISASTER
DISASTER EVENT
DISASTER EVENTS
DISASTER MANAGEMENT
DISASTER MITIGATION
DISASTER PREPAREDNESS
DISASTER RESPONSE
DISASTER RISK
DISASTERS
DISCOUNT RATES
DROUGHT
EARTHQUAKE
EARTHQUAKES
EMERGENCY PREPAREDNESS
EXPECTED VALUE
FINANCIAL MARKETS
FLOODING
FLOODS
HOUSING
HURRICANES
INSURANCE
INSURERS
INTEREST RATE
INVENTORY
INVESTMENT AMOUNT
INVESTMENT BUDGETS
INVESTMENT DECISIONS
INVESTMENT PROGRAMS
LATIN AMERICAN
LOAN FINANCING
MITIGATION MEASURES
MUNICIPALITIES
NATURAL DISASTER
NATURAL DISASTERS
NPV
PORTFOLIO
PREMIUMS
PRESENT VALUE
PROGRAMS
PUBLIC INVESTMENT
RATE OF RETURN
RATES
RISK ANALYSIS
RISK ASSESSMENT
RISK ASSESSMENTS
RISK EXPOSURE
RISK MANAGEMENT
RISK MANAGERS
RISK MITIGATION
RISK PREMIUM
RISK PREMIUMS
RISK REDUCTION
RISK TRANSFER
SOLVENCY
URBANIZATION
Online Access:http://documents.worldbank.org/curated/en/2006/06/6840083/earthquake-vulnerability-reduction-program-colombia-probabilistic-cost-benefit-analysis
http://hdl.handle.net/10986/8438

Internet

http://documents.worldbank.org/curated/en/2006/06/6840083/earthquake-vulnerability-reduction-program-colombia-probabilistic-cost-benefit-analysis
http://hdl.handle.net/10986/8438

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