EconPapers    
Economics at your fingertips  
 

Basic principles of multi-risk assessment: a case study in Italy

Warner Marzocchi (), Alexander Garcia-Aristizabal, Paolo Gasparini, Maria Mastellone and Angela Di Ruocco

Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, 2012, vol. 62, issue 2, 573 pages

Abstract: The assessment of the impact of different catastrophic events in a given area requires innovative approaches that allow risks comparison and that account for all the possible risk interactions. In the common practice, the risk evaluation related to different sources is generally done through independent analyses, adopting disparate procedures and time--space resolutions. Such a strategy of risks evaluation has some evident major drawbacks as, for example, it is difficult (if not impossible) to compare the risk of different origins, and the implicit assumption of independence of the risk sources leads to neglect possible interactions among threats and/or cascade effects. The latter may amplify the overall risk, and potentially the multi-risk index could be higher than the simple aggregation of single-risk indexes calculated considering each source as independent from the others. In this paper, we put forward some basic principles for multi-risk assessment, and we consider a real application to Casalnuovo municipality (Southern Italy), in which we face the problem to make different hazards comparable, and we highlight when and how possible interactions among different threats may become important. Copyright Springer Science+Business Media B.V. 2012

Keywords: Multi-risk assessment; Hazards interaction; Risk assessment; Casalnuovo (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11069-012-0092-x (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:nathaz:v:62:y:2012:i:2:p:551-573

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11069

DOI: 10.1007/s11069-012-0092-x

Access Statistics for this article

Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards is currently edited by Thomas Glade, Tad S. Murty and Vladimír Schenk

More articles in Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards from Springer, International Society for the Prevention and Mitigation of Natural Hazards
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:nathaz:v:62:y:2012:i:2:p:551-573