Losses resulting from hurricanes, floods, earthquakes, and tornadoes are examined. The data will help individuals, communities, and the Federal government make better decisions as to how and what extent protection against disasters should be provided. The application of benefit-cost analysis for choosing the optimal level of protection against disasters is also discussed. Recommendations are made for further research in determining the economic feasibility of various techniques designed to mitigate the losses from disasters.
Sav, G. T.
(1974). Natural Disasters: Some Empirical and Economic Considerations. .