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Natural Disaster Risk and Energy Development Justin Pidot Allen Chair Symposium

Natural Disaster Risk and Energy Development Justin Pidot Allen Chair Symposium University of Richmond Law Review October 18, 2013. Contrasting perceptions of risk. “Without people there is no disaster.”

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Natural Disaster Risk and Energy Development Justin Pidot Allen Chair Symposium

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  1. Natural Disaster Risk and Energy Development Justin Pidot Allen Chair Symposium University of Richmond Law Review October 18, 2013

  2. Contrasting perceptions of risk

  3. “Without people there is no disaster.” Phil O’Keefe et al., Taking the Naturalness Out of Natural Disasters, 260 Nature 566 (1976)

  4. Barriers to sound disaster policy Symbolic Cognitive Structural

  5. Symbolic obstacles

  6. Symbolic obstacles – energy security

  7. Low-Probability Neglect Gambler’s Fallacy Cognitive obstacles

  8. “One of the bargains men make with one another in order to maintain their sanity is to share an illusion that they are safe, even when the physical evidence in the world around them does not seem to warrant that conclusion.” - Kai Erikson, Everything in Its Path: Destruction of Community in the Buffalo Creek Flood (1976) Cognition – Low-Probability Neglect

  9. Cognition – Gambler’s Fallacy

  10. Costs of disasters and benefits of regulation are dispersed: Vertically Horizontally Structural obstacles

  11. Prevalence, Costs, and Overcoming Obstacles

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