Economic Consequence Analysis of Disasters

The E-CAT Software Tool

Business & Finance, Industries & Professions, Insurance, Economics
Cover of the book Economic Consequence Analysis of Disasters by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee, Springer Singapore
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee ISBN: 9789811025679
Publisher: Springer Singapore Publication: April 13, 2017
Imprint: Springer Language: English
Author: Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
ISBN: 9789811025679
Publisher: Springer Singapore
Publication: April 13, 2017
Imprint: Springer
Language: English

This study develops a methodology for rapidly obtaining approximate estimates of the economic consequences from numerous natural, man-made and technological threats. This software tool is intended for use by various decision makers and analysts to obtain estimates rapidly. It is programmed in Excel and Visual Basic for Applications (VBA) to facilitate its use. This tool is called E-CAT (Economic Consequence Analysis Tool) and accounts for the cumulative direct and indirect impacts (including resilience and behavioral factors that significantly affect base estimates) on the U.S. economy. E-CAT is intended to be a major step toward advancing the current state of economic consequence analysis (ECA) and also contributing to and developing interest in further research into complex but rapid turnaround approaches.

The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This study develops a methodology for rapidly obtaining approximate estimates of the economic consequences from numerous natural, man-made and technological threats. This software tool is intended for use by various decision makers and analysts to obtain estimates rapidly. It is programmed in Excel and Visual Basic for Applications (VBA) to facilitate its use. This tool is called E-CAT (Economic Consequence Analysis Tool) and accounts for the cumulative direct and indirect impacts (including resilience and behavioral factors that significantly affect base estimates) on the U.S. economy. E-CAT is intended to be a major step toward advancing the current state of economic consequence analysis (ECA) and also contributing to and developing interest in further research into complex but rapid turnaround approaches.

The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.

More books from Springer Singapore

Cover of the book Advances in Computer Science and Ubiquitous Computing by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Validating Technological Innovation by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Proceedings of First International Conference on Smart System, Innovations and Computing by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Facial Kinship Verification by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book The Biophysics of Cell Membranes by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Advancing Health and Wellbeing in the Changing Urban Environment by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Assessment of Environmental Impact by Grocery Shopping Bags by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Ecological Wisdom by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Annual Report on the Development of the Indian Ocean Region (2016) by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Data Management, Analytics and Innovation by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Principles of Imprecise-Information Processing by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Dynamics and Vibration Analyses of Gearbox in Wind Turbine by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Big Data Analysis and Deep Learning Applications by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Improving Schools by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
Cover of the book Advanced Computational and Communication Paradigms by Adam Rose, Zhenhua Chen, Fynnwin Prager, Nathaniel Heatwole, Eric Warren, Dan Wei, Samrat Chatterjee
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy