A thorough explanation of the mathematical theories, philosophies,
and economics of catastrophes with a view to how humanity should be
prepared for events with catastrophic consequences This book
presents a holistic view of natural and man-made catastrophes, from
mathematical theories and philosophy through to economics and
policy. It is both academic and applied in its approach, offering
both empirical evidence and academic reflections to give a new
perspective on an ever-developing topic, and providing many
examples of public policy and catastrophe responses from around the
world. Natural and Man-made Catastrophes: Theories, Economics, and
Policy Designs begins by introducing readers to numerous natural
and man-made catastrophes and how catastrophe theories have played
a pivotal role in designing policies and responses to them. It
discusses hurricanes, earthquakes, nuclear disaster, asteroid
collision, Large Hadron Collider, artificial intelligence,
uncontrollable robots, global warming, infectious diseases without
antibodies, and bioterrorism. It clarifies key mathematical and
scientific theories--such as catastrophe theory, chaos,
singularity, fractal, tipping point, unbounded variance, fat-tail,
and Feigenbaum constant--on catastrophes. The book goes on to
examine ancient and contemporary philosophies that have played
critical roles in humanity's understanding of catastrophic
outcomes. The book critically builds the economics of catastrophic
events 1) by consolidating the catastrophe literature in natural
sciences, scientific theories, and philosophy; 2) by constructing
global empirical catastrophe data and analytical models using
historical data on hurricanes and earthquakes; 3) and by critically
reviewing policy experiences on the aforementioned catastrophic
events. Lays the foundation for the economic analyses and
policy-making on potential humanity/universe threatening
catastrophes Includes many examples of public policy and behavioral
responses to catastrophes from around the world Provides a
wide-ranging commentary on crucial implications of the studies,
models, and concepts of catastrophes Synthesizes the catastrophe
literature in mathematical theories, philosophical traditions,
economic analyses, policy studies, and contemporary concerns.
Natural and Man-made Catastrophes: Theories, Economics, and Policy
Designs is an important book for students, teachers, professionals,
and policy makers who are involved in environmental research and
disaster response.
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