Search results

1 – 1 of 1
Per page
102050
Citations:
Loading...
Access Restricted. View access options
Article
Publication date: 23 January 2020

Ji-Won Moon, Ha Hwang and Ji-Bum Chung

The purpose of this paper is to examine how experiencing moderate earthquakes influences risk perception and preparedness.

587

Abstract

Purpose

The purpose of this paper is to examine how experiencing moderate earthquakes influences risk perception and preparedness.

Design/methodology/approach

An online survey was conducted on a nationally representative sample of Korean adults after the moderate earthquake in Pohang in 2017. Statistical analyses were conducted to identify the determinants of willingness to pay (WTP) for seismic retrofitting and earthquake insurance.

Findings

The results show that risk perception, housing ownership, earthquake experience and income level significantly influenced WTP for seismic retrofitting and earthquake insurance. The results also indicate that a greater number of damage-free earthquake experiences reduced the WTP that could be explained by normalcy bias. Finally, people who believed that the Pohang earthquake might be an example of induced seismicity (i.e. triggered by the geothermal power plant) tended to have a lower WTP for seismic retrofitting.

Originality/value

This study offers valuable findings on public attitudes about enhancing earthquake preparedness policies in moderate earthquake zones, regions that few studies have examined despite their high vulnerability due to a lack of preparedness.

Details

Disaster Prevention and Management: An International Journal, vol. 29 no. 3
Type: Research Article
ISSN: 0965-3562

Keywords

1 – 1 of 1
Per page
102050