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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

In: Modeling Spatial and Economic Impacts of Disasters

Author

Listed:
  • Hirokazu Tatano

    (Kyoto University)

  • Kentaro Yamaguchi

    (Mitsubishi Research Institute Co.)

  • Norio Okada

    (Kyoto University)

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.

Suggested Citation

  • Hirokazu Tatano & Kentaro Yamaguchi & Norio Okada, 2004. "Risk Perception, Location Choice and Land-use Patterns under Disaster Risk: Long-term Consequences of Information Provision in a Spatial Economy," Advances in Spatial Science, in: Yasuhide Okuyama & Stephanie E. Chang (ed.), Modeling Spatial and Economic Impacts of Disasters, chapter 9, pages 163-177, Springer.
    • Handle: RePEc:spr:adspcp:978-3-540-24787-6_9
    DOI: 10.1007/978-3-540-24787-6_9
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    Citations

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    Cited by:

    1. Céline Grislain-Letrémy & Bertrand Villeneuve, 2019. "Natural disasters, land-use, and insurance," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 44(1), pages 54-86, March.
    2. Filatova, Tatiana & Parker, Dawn C. & van der Veen, Anne, 2011. "The Implications of Skewed Risk Perception for a Dutch Coastal Land Market: Insights from an Agent-Based Computational Economics Model," Agricultural and Resource Economics Review, Cambridge University Press, vol. 40(3), pages 405-423, December.
    3. Grislain-Letrémy, Céline, 2012. "Assurance et prévention des catastrophes naturelles et technologiques," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/9073 edited by Villeneuve, Bertrand.
    4. repec:dau:papers:123456789/7845 is not listed on IDEAS
    5. Céline Grislain-Letrémy & Bertrand Villeneuve, 2011. "Natural and Industrial Disasters : Land Use and Insurance," Working Papers 2011-32, Center for Research in Economics and Statistics.

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