The benefit-cost-ratio (BCR), used in cost-benefit analysis (CBA), is an indicator that
attempts to summarize the overall value for money of a project. Disaster costs continue to …

There is a lot of rhetoric suggesting that disaster risk reduction (DRR) pays, yet surprisingly
little in the way of hard facts. This review paper examines the evidence regarding the …

Limited studies have shown that disaster risk management (DRM) can be cost‐efficient in a
development context. Cost–benefit analysis (CBA) is an evaluation tool to analyse economic …

Mitigation decreases the losses from natural hazards by reducing our vulnerability or by
reducing the frequency and magnitude of causal factors. Reducing these losses brings …

Major natural disasters in recent years have had high human and economic costs, and
triggered record high postdisaster relief from governments and international donors. Given …

Policies to mitigate natural hazards and terrorism are facing increasing scrutiny, such as the
benefit-cost test. The benefits are the losses that can be avoided by the mitigation actions …

ABSTRACT The Sustainable Development Goals indicator framework identifies as an
indicator of progress the objective of reducing disaster losses as a proportion of global gross …

The quantification of economic losses from natural and manmade hazards is necessary to
gauge individual and community vulnerability, evaluate the worthiness of mitigation …

Research examining natural disaster costs on social and economic systems is substantial.
However, there are few empirical studies that seek to quantify the uncertainty and establish …

Most cost‐benefit analysis (CBA) textbooks and guidelines recognize the objective of CBAs
to improve social welfare—a function of well‐being of all individuals, conceptualized by …