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

Howard C. Kunreuther; Erwann O. Michel-Kerjan; Neil A. Doherty; Martin F. Grace; Robert W. Klein

ISBN 10: 0262012820 / ISBN 13: 9780262012829

Published by Mit Pr, 2009

About this Item

Former library book; May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less.

Seller Inventory # G0262012820I4N10

Bibliographic Details

• Title: At War With the Weather: Managing Large-Scale Risks in a New Era of Catastrophes
• Publisher: Mit Pr
• Publication Date: 2009
• Language: English
• ISBN 10: 0262012820
• ISBN 13: 9780262012829
• Binding: Hardcover
• Condition: Very Good
• Dust Jacket Condition: No Jacket
• Weight: 2.15 pounds

About this title

Synopsis

The United States and other nations are facing large-scale risks at an accelerating rhythm. In 2005, three major hurricanes -- Katrina, Rita, and Wilma -- made landfall along the U.S. Gulf Coast within a six-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, and how frequently, future catastrophes will strike and the extent of damages they will cause. 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 with 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.

About the Author

Howard C. Kunreuther is Cecilia Yen Koo Professor of Decision Sciences and Public Policy at the Wharton School, University of Pennsylvania and Codirector of the Wharton Risk Management and Decision Processes Center. He is Co-Chair of the World Economic Forum's Global Agenda Council on Innovation and Leadership in Reducing Risks from Natural Disasters.