2 separate questions 350 words each

 Critics point to the National Flood Insurance Program as an example.  Everyone feels compassion for those who have lost their homes and possessions due to flooding, right?  Maybe not.  Many insurance companies refuse to underwrite flood insurance in certain locations because the potential liability exceeds the premiums they can charge.  The US National Flood Insurance Program resulted from recognition that private insurance companies can’t provide coverage at affordable rates that would allow them to be profitable.  In order to receive coverage, however, communities that benefit must adopt and enforce floodplain management policies to mitigate threats to life and property damage in flood-prone areas.  Critics assert that taxpayers should not be required to subsidize those who choose to build in known floodplains – they know the risk, they should accept the risk.  Is this “donor fatigue?”  What do you think?  Explain your position. 

***Part 2 Separate Question and Separate page 


A very simplistic formula for risk management is expressed as Probability + Consequence + Mitigation Cost = Informed Decision. Consequence is usually the first element that people consider, followed by an assessment of the probability that something bad will actually happen. They can then consider the cost of mitigating either the consequence or the level of probability. Regardless of what they ultimately do, the key factor is that their course of action will be an informed decision. Whether they will make the right decision is another matter altogether.

This week’s readings include material from MCEER, a national Center of Excellence at the University of Buffalo, which provides research to enable communities to become more disaster resilient in the face of earthquakes and other extreme events.

Could resources like MCEER have made a difference in the 1995 Kobe earthquake in Japan?  One of the reasons for the catastrophic damage in the Port of Kobe was the revelation that it had been built largely on landfill. The seabed in the port essentially liquefied. There was a perception that this information was unknown or not fully understood. In fact, the port authority was completely aware of this fact. A risk assessment had accurately forecast the level of damage that would result in the event of a major earthquake. It was known that engineering technology existed that would involve the use of extensive pilings to shore up the seabed in the port. It was also known how expensive such a process would be. In the end, the decision turned on how likely they believed that a major earthquake would occur. In essence, they rolled the dice and lost. The cost to restore the port was exponentially greater than it would have cost to reinforce the seabed.

Using the risk management formula above, where did the planners at Kobe go wrong?  Were they incompetent? Irresponsible?  Or just unlucky?

Order a unique copy of this paper
(550 words)

Approximate price: $22

Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

101papers.com is always working towards customer satisfaction. Our professional academic writers always aim at producing comprehensive papers that possess quality and originality at pocket-friendly prices. Students are assured that all their private information is safe with us.

Money-Back Guarantee

101papers.com provides a system where students can request for money-back in case they cancel the order or in the rare instances of dissatisfaction. The refund policy adheres to the company’s term and conditions on money-back.

Read more

Zero-Plagiarism Guarantee

While providing the best professional essay writing services, we guarantee all our students of plagiarism-free papers. All papers produced by our professional academic writers are checked against all web resources and previously completed papers to avoid plagiarism.

Read more

Free Revision Policy

In our urge to provide the best professional essay writing services, we guarantee students of free revision policy. The free revision policy is a courtesy service where students can request for unlimited for their completed papers. We always aim at achieving 100% customer satisfaction rates. The free revision policy is one among many of our major advantages.

Read more

Privacy Policy

At 101papers.com, every student is entitled to total security. Our professional academic writers are always committed to protecting all private information of our customers. We do not share any personal information with third parties. Additionally, we provide safe systems for all online transactions.

Read more

Fair-Cooperation Guarantee

Working with us is the greatest step towards achieving all your academic goals. We always deliver the best professional essay writing services as promised. We, therefore, expect all students to work cooperatively with us, as we work towards achieving our goal, your satisfaction. This way, all services will be delivered accurately and on time.

Read more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages