Natural Disaster Economics

Guest: Dr. Kevin SimmonsEpisode Intro: In our current tornado and severe thunderstorm warning system, if you are put under a warning, there is no question that you should take action and protect yourself and your property. But what if the warning is posed with a probability of the storm making a severe impact? Would you be more or less influenced to take action? What about if you own a business and have to make decisions not just for yourself, but also your employees and customers. A lot of questions and we’ve got just the guy here on the show today to maybe give us some insight into the answers! Dr. Kevin Simmons, who is a professor of economics at Austin College, focuses on natural hazards and he is here with us on Weather Geeks today…See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.