Geoscience Reference
In-Depth Information
16
Regional Dynamics Under Adverse Physical
and Behavioral Shocks: The Economic
Consequences of a Chlorine Terrorist
Attack in the Los Angeles Financial District
James Giesecke, William Burns, Adam Rose, Tony Barrett,
and Marnie Griffith
Abstract
Emergency
management decision makers must make contingency plans for a
wide range of threat scenarios. In undertaking ex-ante cost/benefit evaluations of
contingency plans, they must understand the economic benefits of threat deter-
rence and reduction. Appropriate emergency response and recovery activities
ex-post can attenuate business interruption (BI) impacts. Regional economic
modeling can provide quantitative input to these evaluations. In this paper, we
