This video series has been created for anyone in the emergency management sector who is interested in learning how to apply economic analyses to the management of natural hazards.
In the tenth and final video of the series, Dr Veronique Florec explains how to deal with risk and uncertainty. By the end of this video, you will know the difference between risk and uncertainty, how to conduct a sensitivity analysis, how to interpret the result from a sensitivity analysis, and what to do with the information derived from it.
View the full Economics in natural hazards playlist here.