Decision-analytic frameworks for multi-hazard mitigation and adaptation
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Developing effective decision-support for multiple hazards needs to build on a foundation of existing research into best practices for the management of single hazards analysis. This comes from the hazards literature, recent and ongoing EU research projects, and from the climate vulnerability literature, in which the theoretical focus on multiple drivers of vulnerability is already well established. The first part of this task will rely on a desk study of established management practices and decision-analytic methods. The latter include several standard methods for conducting sound formal decision-analysis, including cost-benefit analysis, risk- benefit analysis, and multi-criteria analysis. Each of these has its strengths, weaknesses, and set to best practices in particular contexts. The second part of this task will identify these in the case of multiple hazards, and appraise how they may differ in their application and appropriateness from the single-hazard case. It will rely on an application of these modeling methods to the simulated city case study.