Quantitative Risk Assessment and Technology Transfer: Software Developments

by Charles Yoe, Coll of Notre Dame of Maryland, Baltimore, United States,



Document Type: Proceeding Paper

Part of: Risk-Based Decision Making in Water Resources V

Abstract:

A risk-based adaptation of the hydroeconomic model for estimating the expected annual damages of floods is presented in a spreadsheet environment. The model demonstrates how commercially available software has made heretofore complex models of physical systems quite straightforward. The model is expanded to include human behavioral responses to flood forecast and warning systems, facilitating the estimation of benefits to these systems.

Subject Headings: Risk management | Mathematical models | Floods | Computer software | Forecasting | Disaster warning systems | Computer models

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