Publication Details

Category Text Publication
Reference Category Conference papers
Title (Primary) Valuating the intangible effects of natural hazards: a review and evaluation of the cost-assessment methods
Title (Secondary) ESEE 2011 Conference, Istanbul 14-17 June 2011
Author Markantonis, V.; Meyer, V.
Year 2011
Department OEKON
Page From 1
Page To 20
Language englisch
Abstract

The “intangible” effects are defined as the costs of natural hazards which are not, or at least not easily measurable in monetary terms. The intangible effects are often not included in costs assessments of natural hazards leading to an incomplete and biased cost assessment. However, several methods exist which try to estimate these effects in a non-monetary or monetary form. In this context, this paper provides a review and evaluation of the methods for estimating the intangible effects of natural hazards: particularly human health and the environmental effects. This paper aims at compiling and analyzing the methods for the assessment of the intangible effects and at providing recommendations towards an effective application. The methods are compared using various criteria, research gaps are identified, policy recommendations are provided, and valuation issues that should be addressed by the scientific community are highlighted.
Persistent UFZ Identifier https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=11694
Markantonis, V., Meyer, V. (2011):
Valuating the intangible effects of natural hazards: a review and evaluation of the cost-assessment methods
ESEE 2011 Conference, Istanbul 14-17 June 2011
1 - 20