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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - An Economic Analysis of Wind Resistant Construction
AU - Sutter, Daniel
AU - De Silva, Dakshina G.
AU - Kruse, Jamie B.
PY - 2009/3
Y1 - 2009/3
N2 - Reinforced construction and strengthened building codes have been demonstrated to reduce expected damage from hurricanes in a cost effective manner. We examine whether reinforced construction (e.g. anchor bolts, hurricane clips, directional nailing) can provide efficient mitigation of property damage from tornadoes, using a case study of homes damaged in the May 3 1999 Oklahoma City Tornado. We find that if a package of wind resistant construction measures that cost no more than $500 could reduce insured losses by 30%, wind resistant construction could have a positive net present value in the most tornado prone states. A 30% reduction in wind damage is in line with estimates of damage reduction for construction in hurricane winds. The expected property damage reduction falls off rapidly in less tornado prone states.
AB - Reinforced construction and strengthened building codes have been demonstrated to reduce expected damage from hurricanes in a cost effective manner. We examine whether reinforced construction (e.g. anchor bolts, hurricane clips, directional nailing) can provide efficient mitigation of property damage from tornadoes, using a case study of homes damaged in the May 3 1999 Oklahoma City Tornado. We find that if a package of wind resistant construction measures that cost no more than $500 could reduce insured losses by 30%, wind resistant construction could have a positive net present value in the most tornado prone states. A 30% reduction in wind damage is in line with estimates of damage reduction for construction in hurricane winds. The expected property damage reduction falls off rapidly in less tornado prone states.
KW - Tornadoes
KW - Wind hazards
KW - Mitigation
KW - Efficiency
U2 - 10.1016/j.jweia.2009.01.002
DO - 10.1016/j.jweia.2009.01.002
M3 - Journal article
VL - 97
SP - 113
EP - 119
JO - Journal of Wind Engineering and Industrial Aerodynamics
JF - Journal of Wind Engineering and Industrial Aerodynamics
SN - 0167-6105
IS - 3-4
ER -