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At War with the Weather: Managing Large-Scale Risks in a New Era of Catastrophes

At War with the Weather: Managing Large-Scale Risks in a New Era of CatastrophesAuthors: Howard C. Kunreuther, Erwann O. Michel-Kerjan
Publisher: The MIT Press
Category: Book

List Price: $58.00
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Seller: spectrumbooks
Sales Rank: 548312

Media: Hardcover
Pages: 448
Number Of Items: 1
Shipping Weight (lbs): 2.1
Dimensions (in): 9 x 8.3 x 1.2

ISBN: 0262012820
Dewey Decimal Number: 368.12200973
EAN: 9780262012829
ASIN: 0262012820

Publication Date: June 30, 2009
Availability: Usually ships in 1-2 business days

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Product Description
The United States and other nations are facing large-scale risks at an accelerating pace. In 2005, three major hurricanes—Katrina, Rita, and Wilma—made landfall along the U.S. Gulf Coast within an eight-week period. The damage caused by these storms led to insurance reimbursements and federal disaster relief of more than $180 billion—a record sum. Today we are more vulnerable to catastrophic losses because of the increasing concentration of population and activities in high-risk coastal regions of the country. The question is not whether but when future catastrophes will strike. Who should pay the costs associated with catastrophic losses suffered by homeowners in hazard-prone areas?

In At War with the Weather, Howard Kunreuther and Erwann Michel-Kerjan and their colleagues deliver a groundbreaking analysis of how we currently mitigate, insure against, and finance recovery from natural disasters in the United States. They offer innovative, long-term solutions for reducing losses and providing financial support for disaster victims that define a coherent strategy to assure sustainable recovery from future large-scale disasters. The amount of data collected and analyzed and innovations proposed make this the most comprehensive book written on these critical issues in the past thirty years.



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