Natural hazards and earth system sciences · 2008 · 19 citations · 13 references
Natural ResourcesEmergency PreparednessRisk ManagementFlood Risk ManagementRisk AssessmentRisk PerceptionFlood Risk AssessmentFlood Risk ReductionRisk EvaluationAcceptable RiskCovariance AnalysisCovariance StructureCovariance Structure AnalysisCovariance Structure ModelingFlood RiskFlood Risk Decision-making
Abstract. This paper establishes a framework of a multi-risk context for analyzing acceptable risk beyond single-risk context and empirically examines how other risks affects flood risk acceptability based on Rational Action Paradigm (RAP) by using a survey conducted in the Toki-Shonai River region of Japan. The main findings obtained by cross-sectional analysis and covariance structure analysis within a multi-risk context can be summarized as follows. – Nearly half of the respondents accept no flood risk at all. – Flood risk acceptability depends on not only on the factors of flood risk itself (e.g. frequency, consequence, and characteristics), but also other types of risks involved in our technological society. – Flood risk acceptability is associated with a multi-risk context. Whether a risk is accepted depends on its perceived importance relative to others as well as the balance of its cost and benefit. Providing budget information and ensuring preparedness for flood risk may also affect the acceptability.
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Social Benefit versus Technological Risk
Chauncey Starr · Science · 1969 · 1.7K citations
Economic Decision Problems for Flood Prevention
D. van Dantzig · Econometrica · 1956 · 313 citations
Acceptable risk as a basis for design
J.K. Vrijling, W. van Hengel, R.J. Houben · Reliability Engineering & System Safety · 1998 · 163 citations
Business, Design, Risk Management +12