Prof. Adam Rose, Price School of Public Policy and Center for Risk and Economic Analysis of Terrorism Events (CREATE), University of Southern California will deliver a lecture on "Measuring Economic Resilience to Natural Disasters and Terrorism" on Monday, 4 December 2017 from 16:00 to 17:00 hours at the Kyoto University, Uji Campus, Conference Hall S-519D.
Resilience is a powerful strategy for reducing losses from disasters. Its unique character pertains to how best to recover economic activity after a disaster has struck. This can be done by using remaining resources as effectively as possible and accelerating the repair and reconstruction of the capital stock. This presentation will focus on recent advances in measuring economic resilience in a variety of contexts, such as electricity outages, seaport disruptions, hurricanes, and earthquakes. Results of recent survey research will be presented and their implications for development of an economic resilience index will be described. A broader benefit-cost analysis framework will be explained for making resource allocation decisions, including trade-offs between (pre-event) mitigation and (post-event) resilience.
Admission is free. Please do join the lecture.