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Beyond saving lives: Assessing the economic benefits of early warning apps for companies in the context of hydrological hazards

 
: Wurster, Sabine; Klafft, Michael; Kühn, Marcel

:
Fulltext urn:nbn:de:0011-n-3545457 (519 KByte PDF)
MD5 Fingerprint: 24186b2937778d76ac91a06254463af7
(CC) by-nc-sa
Created on: 11.8.2015


Palen, L. (Ed.):
ISCRAM 2015, the 12th International Conference on Information Systems for Crisis Response and Management. Proceedings : 24-27 May 2015, Kristiansand, Norway
Kristiansand, 2015
ISBN: 978-82-7117-788-1
ISSN: 2411-3387
10 pp.
International Conference on Information Systems for Crisis Response and Management (ISCRAM) <12, 2015, Kristiansand>
English
Conference Paper, Electronic Publication
Fraunhofer FOKUS ()
early warning systems; cost-benefit analysis; warning apps; natural disasters

Abstract
Natural and man-made hazards are increasingly threatening modern societies. Therefore Turoff, Hiltz, Bañuls and Van Den Eede (2013) highlight the need for boosting efforts in planning for emergencies. Advanced early warning systems (EWS) provide opportunities to increase the resilience of societies. Warning via mobile phones is considered to be the best way of alerting but few public authorities already use this warning channel. EWS also help to protect property but their implementation requires significant investments. Cost-benefit estimations are needed for public authorities, insurance companies and the users, particularly private households and enterprises. This paper contributes a disaster-independent formula to disaster research with specific applications for hydrological hazards. Illustrated by a heavy rain scenario, it shows, in particular, the benefits of EWS for companies. A specific focus is put on lead time aspects.

: http://publica.fraunhofer.de/documents/N-354545.html