PRO O F CO PY [ NH / 2006 / 022398 ] 001704 Q NH Benefit-Cost Analysis of FEMA Hazard Mitigation Grants

@inproceedings{Huyck2006PROOF,
  title={PRO O F CO PY [ NH / 2006 / 022398 ] 001704 Q NH Benefit-Cost Analysis of FEMA Hazard Mitigation Grants},
  author={Charles Huyck and Ronald Eguchi and Craig Taylor and Thomas McLane and L. Thomas Tobin and Philip T. Ganderton and David Godschalk and Anne S. Kiremidjian and Kathleen Tierney and Carol Taylor West},
  year={2006}
}
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 many benefits, but every mitigation activity has a cost that must be considered in our world of limited resources. In principle, benefit-cost analysis BCA attempts to assess a mitigation activity’s expected net benefits discounted future benefits less discounted costs , but in practice this often proves difficult. This… CONTINUE READING
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