Comment on "Significance of "high probability/low damage" versus "low probability/high damage" flood events" by Merz et al. (2009)
2010 ◽
Vol 10
(1)
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pp. 1-2
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Keyword(s):
Abstract. This comment is meant to shed some light on the use of so-called "risk aversion functions" in the management of flood risks and other natural hazards as recently proposed in this journal (Merz et al., 2009). In particular, I resume the discussion as to whether the relative damage is a suitable indicator of risk aversion and lay out why the use of this indicator may lead to inefficient decisions upon flood mitigation measures.
2010 ◽
Vol 10
(1)
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pp. 3-5
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Keyword(s):
2009 ◽
Vol 9
(3)
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pp. 1033-1046
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Keyword(s):
2017 ◽
Keyword(s):
2020 ◽
2012 ◽
Vol 12
(11)
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pp. 3507-3518
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Keyword(s):
2018 ◽