Designing An Agent-Based Model Of Smes To Assess Flood Response Strategies And Resilience

Chunhui Li, Graham Coates, N. Johnson, Martina McGuinness

Durham Research Online (Durham University) · 2015 · 16 citations · 0 references

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Abstract

In the UK, flooding is responsible for significant<br> losses to the economy due to the impact on businesses, the vast<br> majority of which are Small and Medium Enterprises (SMEs).<br> Businesses of this nature tend to lack formal plans to aid their<br> response to and recovery from disruptive events such as flooding.<br> This paper reports on work on how an agent-based model (ABM) is<br> being developed based on interview data gathered from SMEs at-risk<br> of flooding and/or have direct experience of flooding. The ABM will<br> enable simulations to be performed allowing investigations of<br> different response strategies which SMEs may employ to lessen the<br> impact of flooding, thus strengthening their resilience.