Disaster Risk Management
| Numbering Code | G-ENG01 5X333 LE24 | Year/Term | 2022 ・ First semester | |
|---|---|---|---|---|
| Number of Credits | 2 | Course Type | Lecture | |
| Target Year | Target Student | |||
| Language | English | Day/Period | Wed.4 | |
| Instructor name |
TATANO HIROKAZU (Disaster Prevention Research Institute Professor) SAMADDAR，Subhajyoti (Disaster Prevention Research Institute Associate Professor) FUJIMI TOSHIO (Disaster Prevention Research Institute Associate Professor) |
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| Outline and Purpose of the Course | Natural disasters have low frequencies but high impacts. It is very important to make an integrated risk management plan that consists of various countermeasures such as prevention, mitigation, transfer, and preparedness. This class will present economic approaches to natural disaster risk management and designing appropriate countermeasures. | |||
| Course Goals | Students are expected to understand fundamental ways of economic analyses of disaster prevention such as economic valuation of disaster losses, decision making principle under risks, derivation of benefits of risk management. | |||
| Schedule and Contents |
Introduction to disaster risk management,1time,Introduction and Explanation of Course Outline, The Global Trends of Natural Disasters 1. Decision making theory under uncertainty,1time,Bayes' theorem, Expected utility function Methods of disaster risk management,1time,Risk control and risk finance Economic valuation of catastrophic risk mitigation,1time,Cost-Benefit analysis, conventional valuation method, catastrophic risks and economic valuation of disaster mitigation Risk perception bias, land-use and risk communication,2times,Risk perception bias, land-use model, risk communication Disaster risk finance,2times,Recent issues of risk finance market, reinsurance, CAT bond, roles of government, derivatives Risk curve and risk assessment,1time,Fragility curve and risk assessment General equilibrium analysis under disaster risk,1time,General equilibrium model under disaster risk Macrodynamics under disaster risk,1time,GDP, economic growth Disaster accounting,1time,Accounting systems Exercise and presentation,2times,Students' exercise and presentation Confirmation of the learning achievement degree,1time,Confirmation of the learning achievement degree |
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| Evaluation Methods and Policy | Evaluate mainly by the presentations in the class as well as end-of-term report, taking active and constructive participation in the class into account. | |||
| Course Requirements | Nothing | |||
| Textbooks | Textbooks/References | Tatano,H., Takagi,A.(ed.):Economic Analysis of disaster prevention, Keiso pub.,2005 (in Japanese). | ||
| References, etc. | Froot ,K.A.(ed) “The Financing of Catastrophic Risk”, the University of Chicago Press Kunreuther H. and Rose, A., “The Economics of Natural Hazards”, Vol.1 & 2, The International Library of Critical Writings in Economics 178, Edward Elgar publishers, 2004 Okuyama, Y., and Chang, S.T.,(eds.) “Modeling Spatial and Economic Impacts of Disasters” (Advances in Spatial Science), Springer, 2004. | |||
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