Comment on "Significance of "high probability/low damage" versus "low probability/high damage" flood events" by Merz et al. (2009)
This comment is meant to shed some light on the use of so-called "risk aversion functions" in the management of flood risks and other natural hazards as recently proposed in this journal (Merz et al., 2009). In particular, I resume the discussion as to whether the relative damage is a suit...
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Format: | Article |
Language: | English |
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Copernicus Publications
2010-01-01
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Series: | Natural Hazards and Earth System Sciences |
Online Access: | http://www.nat-hazards-earth-syst-sci.net/10/1/2010/nhess-10-1-2010.pdf |