@article {bnh-2341, title = {Economics of natural hazards: Annual project report 2014-2015}, number = {134}, year = {2015}, month = {02/11/2015}, institution = {Bushfire and Natural Hazards CRC}, address = {Melbourne}, abstract = {

The project tackles from an economics perspective issues relating to non-financial benefit estimation, risk analysis, and development of decision-making frameworks that would help deliver value for money from public investments in natural hazard management. It has a broad scope in terms of natural hazards, including fires, earthquakes, floods, cyclones and tsunamis. It aims to improve the management of bushfires and other natural hazards by delivering the following outcomes:

The research team has extensive experience in non-market valuation, integrated modelling and the economics of environmental and natural resource management and policy. The team has also recruited four outstanding environmental economists with extensive experience in.

Over the year, the project has actively engaged with end users and the growing list now includes agencies from SA, NSW, TAS, VIC, and WA: Fire and Emergency Services Commission (SA); Attorney General{\textquoteright}s Department; Rural Fire Services (NSW); State Fire Management Council (TAS); South Australian Metropolitan Fire Service; NSW National Parks \& Wildlife Service; Department of Environment, Water and Natural Resources (SA); and State Emergency Mangement Committee (WA). The projects major accomplishements for the year include the following:

}, issn = {134}, author = {David J Pannell and Atakelty Hailu and Fiona L Gibson and Veronique Florec} }