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Sequencing Lifeline Repairs After an Earthquake: An Economic Approach

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dc.creator Casari, Marco
dc.creator Wilkie, Simon J.
dc.date 2007-11-05T11:24:47Z
dc.date 2007-11-05T11:24:47Z
dc.date 2004-06-25
dc.date.accessioned 2017-01-31T00:57:56Z
dc.date.available 2017-01-31T00:57:56Z
dc.identifier http://hdl.handle.net/10261/1801
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1801
dc.description Recoveries after recent earthquakes in the U.S. and Japan have shown that large welfare gains can be achieved by reshaping current emergency plans as incentive-compatible contracts. We apply tools from the mechanisms design literature to show ways to integrate economic incentives into the management of natural disasters and discuss issues related to the application to seismic event recovery. The focus is on restoring lifeline services such as the water, gas, transportation, and electric power networks. We put forward decisional procedures that an uninformed planner could employ to set repair priorities and help to coordinate lifeline firms in the post-earthquake reconstruction.
dc.description This work was supported by the Earthquake Engineering Research Centers Program of the National Science Foundation, under Award number EEC-9701568 through the Pacific Earthquake Engineering Research Center (PEER) and by a Marie Curie Individual Fellowship to the first author.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 587.03
dc.rights openAccess
dc.subject Utilities
dc.subject Inter-temporal decisions
dc.subject Natural disasters
dc.subject Mechanism design
dc.subject Network externalities
dc.title Sequencing Lifeline Repairs After an Earthquake: An Economic Approach
dc.type Documento de trabajo


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