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Full-Text Articles in Disaster Law
Catastrophic Risk: Waking Up To The Reality Of A Pandemic?, W. Kip Viscusi, Jamison Pike, Jason F. Shogren, David Aadland, David Finnoff, Alexandre Skiba, Peter Daszak
Catastrophic Risk: Waking Up To The Reality Of A Pandemic?, W. Kip Viscusi, Jamison Pike, Jason F. Shogren, David Aadland, David Finnoff, Alexandre Skiba, Peter Daszak
Vanderbilt Law School Faculty Publications
Will a major shock awaken the US citizens to the threat of catastrophic pandemic risk? Using a natural experiment administered both before and after the 2014 West African Ebola Outbreak, our evidence suggests “no.” Our results show that prior to the Ebola scare, the US citizens were relatively complacent and placed a low relative priority on public spending to prepare for a pandemic disease outbreak relative to an environmental disaster risk (e.g., Fukushima) or a terrorist attack (e.g., 9/11). After the Ebola scare, the average citizen did not over-react to the risk. This flat reaction was unexpected given the well-known …
Weathering The Storm: Utilizing Congressional Investigations To Improve National Hurricane Preparedness, Jennifer Safstrom
Weathering The Storm: Utilizing Congressional Investigations To Improve National Hurricane Preparedness, Jennifer Safstrom
Vanderbilt Law School Faculty Publications
During the 2017 hurricane season, three major storms impacted differ- ent regions of the United States. These storms-Hurricanes Harvey, Irma, and Maria-devastated communities in Texas, Florida, and Puerto Rico within the span of a month. These storms were so destructive that the World Meteorological Organization has retired all three storm names, meaning no future hurricane will ever bear the names Harvey, Irma, or Maria again. In response, according to the Government Accountability Office ("GAO"), "19 federal agencies had entered into contracts and obligated over $5.6 billion on those contracts to support efforts related to Hurricanes Harvey, Irma, and Maria" as …
Valuing Risks Of Death From Terrorism And Natural Disasters, W. Kip Viscusi
Valuing Risks Of Death From Terrorism And Natural Disasters, W. Kip Viscusi
Vanderbilt Law School Faculty Publications
This paper uses a random utility model to examine stated preferences for the valuation of public risks of fatalities from terrorist attacks and natural disasters. Traffic-related deaths serve as the common reference point in two series of pairwise risk-risk tradeoff choices. Even after taking into account differences in respondent risk beliefs, the nationally representative sample values the prevention of terrorism deaths almost twice as highly as preventing natural disaster deaths and at about the same level as preventing deaths from traffic accidents, which pose greater personal risk. Education, seatbelt usage, political preferences, and terrorism risk beliefs affect valuations in the …
Natural Disaster Risks: An Introduction, W. Kip Viscusi
Natural Disaster Risks: An Introduction, W. Kip Viscusi
Vanderbilt Law School Faculty Publications
An introduction to a special issue of the Journal of Risk and Uncertainty dealing with the implications of catastrophic events for research on risk and uncertainty. What are the consequences of natural disasters? How do individuals and firms respond to such disasters? How do insurers respond, and how should the government respond? Several of these papers will have a strong normative component as they will suggest what actions individuals, firms, and the government should take in anticipation of natural disasters.
National Survey Evidence On Disasters And Relief: Risk Beliefs, Self-Interest, And Compassion, W. Kip Viscusi, Richard J. Zeckhauser
National Survey Evidence On Disasters And Relief: Risk Beliefs, Self-Interest, And Compassion, W. Kip Viscusi, Richard J. Zeckhauser
Vanderbilt Law School Faculty Publications
A nationally representative sample of respondents estimated their fatality risks from four types of natural disasters, and indicated whether they favored governmental disaster relief. For all hazards, including auto accident risks, most respondents assessed their risks as being below average, with one-third assessing them as average. Individuals from high-risk states, or with experience with disasters, estimate risks higher, though by less than reasonable calculations require. Four-fifths of our respondents favor government relief for disaster victims, but only one-third do for victims in high-risk areas. Individuals who perceive themselves at higher risk are more supportive of government assistance.