Natural Disaster Risk Management
David L. Olson () and
Desheng Wu ()
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David L. Olson: University of Nebraska
Desheng Wu: University of Toronto
Chapter Chapter 5 in Enterprise Risk Management Models, 2010, pp 57-69 from Springer
Abstract:
Abstract Risks can be viewed as threats, but business exists to cope with risks. Different disciplines have different ways of classifying risks. In finance, in order to explain the risk management lessons from the Credit Crisis, Jorion classified risks into: known knowns, known unknowns and unknown unknowns. To focus on natural disaster risk management, we propose the following general way to classify risks: Field based and Property based.
Keywords: Risk Management; Cash Flow; Natural Disaster; Credit Risk; Disaster Risk (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-11474-8_5
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DOI: 10.1007/978-3-642-11474-8_5
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