Traditional risk assessments use asset losses as the main metric to measure the severity of a disaster. This paper proposes an expanded risk assessment based on a framework that adds socioeconomic resilience and uses wellbeing losses as its main measure of disaster severity. Using a new, agent-based model that represents explicitly the recovery and reconstruction process at the household level, this risk assessment provides new insights into disaster...
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INFORMATION
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2019/01/31
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WPS8723
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1
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1
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2019/01/31
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Disclosed
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Measuring Natural Risks in the Philippines : Socioeconomic Resilience and Wellbeing Losses
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asset loss
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