What are the economic impacts of natural disasters and how can we value these impacts and the economic benefits of preventing them?

The book «Valuing the Impacts of Natural Disasters and the Economic Benefits of Preventing Them» provides an overview of the effects of natural disasters and analyses the different methodologies used to assess their economic impact and presents case studies that analyze how disasters affect household welfare and macroeconomic performance.
In the chapter “Valuing the Impacts of Natural Disasters and the Economic Benefits of Preventing Them” Kristin Magnussen from Vista Analyse, and Professor Ståle Navrud from the Economic Institute at the University of Life Sciences, describe and discuss several methods which can be used to value the economic impacts of natural disasters.