Risk Analysis for Extreme Events : Economic Incentives for Reducing Future Losses

In the aftermath of the attacks of Sept. 11, 2001, the Nat. Inst. of Standards & Technology has taken a key role in enhancing the nation's homeland security. This report documents the need for linking risk assessment, risk perception, & risk management in order to develop meaningful strategies for dealing with extreme events. Cases where extreme events exhibit interdependencies, either among individual stakeholders or among stakeholder groups, are given special attention. Special attention is also given to the need for cooperation between the public & private sectors with the ultimate goal of generating sound strategies for reducing the risks of extreme events & reducing the damage should such catastrophes occur. Charts, tables & graphs..Kunreuther, Howard is the author of 'Risk Analysis for Extreme Events : Economic Incentives for Reducing Future Losses', published 2005 under ISBN 9780788174063 and ISBN 0788174061.