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Risk Perception, Location Choice and Land-use Patterns under Disaster Risk: Long-term Consequences of Information Provision in a Spatial Economy

Hirokazu Tatano (), Kentaro Yamaguchi () and Norio Okada ()
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Hirokazu Tatano: Kyoto University
Kentaro Yamaguchi: Mitsubishi Research Institute Co.
Norio Okada: Kyoto University

Chapter 9 in Modeling Spatial and Economic Impacts of Disasters, 2004, pp 163-177 from Springer

Abstract: Abstract It appears that the number of death and magnitude of damage due to natural disaster is increasing in the last decades. Worldwide economic losses due to natural disasters are increased exponentially: the measured worldwide economic loss in 1990s is US$608.5 billion and is nine times larger than in 1960s according to Munich Re (2003). Although the number of the catastrophic events in the 1990s is three times as large as in 1960s, the economic loss per event has increased in the three times faster than the growth of the number. There is no doubt that accumulation of population and assets into the disaster prone area is one of the main factors which cause such a large increase in economic losses due to natural disasters.

Keywords: Risk Perception; Disaster Risk; Location Choice; Central Business District; Land Rent (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:spr:adspcp:978-3-540-24787-6_9

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DOI: 10.1007/978-3-540-24787-6_9

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