|Originally published September 2011 by Veronique de Rugy, Senior Research Fellow, Mercatus Center, George Mason University.|
It is difficult enough to predict major weather and other events, such as earthquakes and forest fires. But those events are not disasters until placed in a human perspective, and so it is even more difficult to predict the eventual cost of a disaster. We cannot gauge, with accuracy, several aspects of a disaster:
- Human and infrastructure preparedness and resilience: Is that power transformer going to fail? Are people in the vicinity ready for a power outage? Do people have enough water and food to last through the recovery? Do they have a roof any longer?
- People's reactions: Did residents in designated zones prepare as suggested? Did residents evacuate when ordered?
- Administrative and technical responses: Are power companies prepared to respond to multiple service interruptions? Are local and regional officials actively managing a coordinated response to the event?
|Originally published September 2011 by DigitalSurgeons.com.|