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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Bibliographic Details
Main Author: C. M. Rheinberger
Format: Article
Language:English
Published: Copernicus Publications 2010-01-01
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