scholarly journals Nuclear War as a Global Catastrophic Risk

2019 ◽  
Vol 10 (2) ◽  
pp. 274-295 ◽  
Author(s):  
James Scouras

AbstractNuclear war is clearly a global catastrophic risk, but it is not an existential risk as is sometimes carelessly claimed. Unfortunately, the consequence and likelihood components of the risk of nuclear war are both highly uncertain. In particular, for nuclear wars that include targeting of multiple cities, nuclear winter may result in more fatalities across the globe than the better-understood effects of blast, prompt radiation, and fallout. Electromagnetic pulse effects, which could range from minor electrical disturbances to the complete collapse of the electric grid, are similarly highly uncertain. Nuclear war likelihood assessments are largely based on intuition, and they span the spectrum from zero to certainty. Notwithstanding these profound uncertainties, we must manage the risk of nuclear war with the knowledge we have. Benefit-cost analysis and other structured analytic methods applied to evaluate risk mitigation measures must acknowledge that we often do not even know whether many proposed approaches (e.g., reducing nuclear arsenals) will have a net positive or negative effect. Multidisciplinary studies are needed to better understand the consequences and likelihood of nuclear war and the complex relationship between these two components of risk, and to predict both the direction and magnitude of risk mitigation approaches.

2004 ◽  
Vol 20 (1) ◽  
pp. 171-203 ◽  
Author(s):  
Andrew W. Smyth ◽  
Gülay Altay ◽  
George Deodatis ◽  
Mustafa Erdik ◽  
Guillermo Franco ◽  
...  

In the wake of the 1999 earthquake destruction in Turkey, the urgent need has arisen to evaluate the benefits of loss mitigation measures that could be undertaken to strengthen the existing housing stock. In this study, a benefit-cost analysis methodology is introduced for the comparative evaluation of several seismic retrofitting measures applied to a representative apartment building located in Istanbul. The analysis is performed probabilistically through the development of fragility curves of the structure in its different retrofitted configurations. By incorporating the probabilistic seismic hazard for the region, expected direct losses can be estimated for arbitrary time horizons. By establishing realistic cost estimates of the retrofitting schemes and costs of direct losses, one can then estimate the net present value of the various retrofitting measures. The analysis in this work implies that, even when considering only direct losses, all of the retrofitting measures considered are desirable for all but the very shortest time horizons. This conclusion is valid for a wide range of estimates regarding costs of mitigation, discount rates, number of fatalities, and cost of human life. The general methodology developed here for a single building can be extended to an entire region by incorporating additional structural types, soil types, retrofitting measures, more precise space- and time-dependent seismic hazard estimates, etc. It is hoped that this work can serve as a benchmark for more realistic and systematic benefit-cost analyses for earthquake damage mitigation.


2017 ◽  
Vol 33 (3) ◽  
pp. 1053-1074 ◽  
Author(s):  
Brandon Paxton ◽  
Kenneth J. Elwood ◽  
Jason M. Ingham

Benefit-cost analyses for the seismic retrofit of unreinforced masonry (URM) buildings in downtown Victoria, British Columbia, Canada, were undertaken, considering the seismic hazard, building value, occupant/pedestrian exposure, a variety of strengthening measures, and local construction costs. The analyses are underpinned by building motion-damage relationships developed based on observed damage in past earthquakes in California and New Zealand. The considered upgrading measures ranged from parapet bracing to comprehensive seismic upgrades consistent with local practices. Parapet bracing and other partial retrofits were shown to have favorable benefit-cost ratios and thus be strong candidate measures for risk mitigation programs. Full upgrades were shown to have less favorable benefit-cost ratios. While applied to Victoria, the generality of the methodology and the use of observed damage data from California and New Zealand make the findings of this study particularly relevant for similar locations throughout the Pacific Northwest and abroad.


2014 ◽  
Vol 85 ◽  
pp. 536-542 ◽  
Author(s):  
Hsi-Hsien Wei ◽  
Mirosław J. Skibniewski ◽  
Igal M. Shohet ◽  
Stav Shapira ◽  
Limor Aharonson-Daniel ◽  
...  

Author(s):  
G Rabbani ◽  
B Ahmad

This study focuses on the production and profitability of the broiler farming by using Cobb-Douglas production function and Benefit-Cost analysis. For this purpose, data were collected from 50 broiler farmers living in Birol and Sadar upazila of Dinajpur district in 2020. The result revealed that involvement in broiler production seems to be profitable for the small-scale broiler farmers for the study areas notifying by net return as Tk. 6681 with a benefit-cost ratio greater than one, whereas the gross return was Tk.193367. The net return over the total cost is 0.075. The production function resulted that feed, medicines and human labor had significant positive effect on production of broiler whereas only rental cost had negative effect. Training had a highly significant (p<0.01) positive effect on production of broiler. Therefore, it can be recommended that training and proper use of drugs and medicine should be encouraged because of their significant impact. Government and NGOs should also arrange more training for improving broiler production in Bangladesh. Int. J. Agril. Res. Innov. Tech. 11(1): 69-73, June 2021


1967 ◽  
Vol 7 (3) ◽  
pp. 416-420
Author(s):  
Arthur MacEwan

These books are numbers 4 and 5, respectively, in the series "Studies in the Economic Development of India". The two books are interesting complements to one another, both being concerned with the analysis of projects within national plan formulation. However, they treat different sorts of problems and do so on very different levels. Marglin's Public Investment Criteria is a short treatise on the problems of cost-benefit analysis in an Indian type economy, i.e., a mixed economy in which the government accepts a large planning responsibility. The book, which is wholely theoretical, explains the many criteria needed for evaluation of projects. The work is aimed at beginning students and government officials with some training in economics. It is a clear and interesting "introduction to the special branch of economics that concerns itself with systematic analysis of investment alternatives from the point of view of a government".


Sign in / Sign up

Export Citation Format

Share Document