@article {bnh-2923, title = {Economics of natural hazards: Annual project report 2015-2016}, number = {177}, year = {2016}, month = {08/2016}, 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.\ The project has continued to engage well with the end user community and other potential collaborators. Project staff have been keen to help identify research priorities and deliver research outcomes that are based on a broader analysis of the costs and benefits of mitigation options and inform management and policy choices accordingly. The project{\textquoteright}s major accomplishements for the year include the following:

}, issn = {177}, author = {David J Pannell and Atakelty Hailu and Fiona L Gibson and Veronique Florec and Morteza Chalak and Abbie Rogers} }