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An economic framework for the development of a resilience index for business recovery

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TLDR
In this article, the authors examine existing resilience indices in relation to economic principles and evaluate their potential to gauge and improve post-disaster economic recovery, with a focus on businesses, and conclude that the majority of indicators in use to date are not necessarily pertinent to measuring resilience at the micro-, meso- and macroeconomic levels in the aftermath of a disaster.
Abstract
Several attempts have recently been made to identify the key indicators of community resilience and to group them into an overall resilience index. These studies support the evaluation of the effectiveness of resilience during recovery, and they also help establish a yardstick by which to monitor progress in resilience enhancement over time. We examine existing resilience indices in relation to economic principles and evaluate their potential to gauge and improve post-disaster economic recovery, with a focus on businesses. We conclude that the majority of indicators in use to date are not necessarily pertinent to measuring resilience at the micro-, meso- and macro-economic levels in the aftermath of a disaster. Contending that business behavior is the key to short-term recovery, we propose a framework for choosing appropriate short-run indicators toward the goal of developing an effective economic resilience index.

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Measuring and understanding the microeconomic resilience of businesses to lifeline service interruptions due to natural disasters

TL;DR: In this paper, the authors developed an operational indicator of the economic resilience of individual businesses to lifeline service interruptions caused by natural disasters and applied it to individual businesses located in the Urban Community of Central Martinique (French West Indies).

Stackelberg Security Games (SSG) Basics and Application Overview

TL;DR: This chapter will discuss applications of security games, and outline research challenges in security games including algorithms for scaling up security games as well as for handling significant adversarial uncertainty and learning models of human adversary behaviors.
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Measuring community disaster resilience at local levels: An adaptable resilience framework

TL;DR: In this article, the authors identify the key features and characteristics of Community Disaster Resilience (CDR) frameworks from the literature to develop a resilience framework that can be adapted and customised according to stakeholder needs.
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Performance optimization of an aluminum factory in economic crisis by integrated resilience engineering and mathematical programming

TL;DR: In this paper, the performance of an aluminum production plant has been investigated by integrated resilient engineering (IRE) for assessing IRE performance in economic crisis of the case of this study, first a questionnaire based on IRE factors in context of economic crisis is distributed among all expert managers and staff.
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Vulnerability, resilience, hazard, risk, damage, and loss: a socio-ecological framework for natural disaster analysis

TL;DR: In this paper, the authors proposed a general framework encompassing all the important concepts which should be taken into account by the above agents in the assessment of natural disasters, and proposed a simple and consistent set of relationships among vulnerability, resilience, hazard, risk, damage, and loss which can guide socioeconomic assessment.
References
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Journal ArticleDOI

Disaster Resilience Indicators for Benchmarking Baseline Conditions

TL;DR: In this article, the authors provide a methodology and a set of indicators for measuring baseline characteristics of communities that foster resilience by establishing baseline conditions, it becomes possible to monitor changes in resilience over time in particular places and to compare one place to another.
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Modeling Regional Economic Resilience to Disasters: A Computable General Equilibrium Analysis of Water Service Disruptions*

TL;DR: In this paper, a case study of the sectoral and regional economic impacts of a disruption to the Portland Metropolitan Water System in the aftermath of a major earthquake is presented, where operational definitions of individual business and regional macroeconomic resilience, linking production function parameters to various types of producer adaptations in emergencies, and decomposing partial and general equilibrium responses.
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Economic resilience to natural and man-made disasters: Multidisciplinary origins and contextual dimensions

TL;DR: In this article, the authors distinguish static economic resilience (efficient allocation of existing resources) from dynamic economic resilience(speeding recovery through repair and reconstruction of the capital stock) and propose operational definitions that incorporate this important distinction.
Journal ArticleDOI

Defining and measuring economic resilience to disasters

TL;DR: This paper summarized recent progress in the conceptual and empirical modeling of resilience, including the incorporation of disequilibria and the recalibration of key behavioral parameters on the basis of empirical data.
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