To recieve joining instructions, please register for this webinar at: https://forms.illinois.edu/sec/1318268761
Abstract: The Business Resilience Calculator (BRC) is a decision-support tool a business can use to evaluate its capability to respond to disasters and to help guide improvement in its business continuity. It is designed to exceed the capabilities of other currently available business resilience software products on the market today. The BRC is designed to help improve business disaster recovery through its grounding in economic theory, solid underlying data based on surveys of actual experience with disasters, and cutting-edge econometric analysis. It is designed with individual businesses in mind, as well as public and non-profit sector agencies tasked with providing support and assistance in building disaster resilience in the business community.
The Principal Investigators will present the background, development history, and underlying research involved in the creation of the software tool. They will also provide an overview demonstration of a pre-release version of the tool especially geared toward COVID-19, and respond to questions from the audience. The talk will be structured primarily for practitioners in industry and government interested in using the software but should also be of interest to researchers in a variety of disciplines.
Bios: Noah Dormady is an associate professor of public policy at the John Glenn College of Public Affairs at Ohio State. He works in two main areas: energy and environmental markets, and economic analysis of disasters and disaster resilience.
His work on the economic analysis of resilience has focused on the impacts of terrorism events and natural hazards on regional economies. This work provides insights and strategies for businesses and governments to minimize the severity of disasters and to hasten recovery thereafter.
His energy and environmental work evaluates the interactions between deregulated power markets and market-based emissions policies (i.e., cap & trade). His work in this area focuses mainly on the economic efficiency of market design and issues of competition under market power and oligopolistic behavior.
He received his PhD from the University of Southern California (in Los Angeles) from the Price School of Public Policy. Prior to this, he worked for the United States Senate and was an adjunct professor of Political Science at two colleges in Southern California.
He has worked for a variety of clients and has received research grants and support from an array of sources. These include the National Science Foundation, GE Capital, the John Randolph and Dora Haynes Foundation, the State of California, the State of Pennsylvania, the Southern Governors Association, and the Center for Climate Strategies.
His work has been published in a broad array of government publications and academic peer-reviewed journals, including Risk Analysis, Energy Economics, The Energy Journal, Energy Policy, Regional Science Policy and Practice, and the Journal of Sustainable Energy Engineering.
Adam Rose is a Research Professor in the USC Sol Price School of Public Policy.
Much of Professor Rose's research is on the economics of natural and man-made hazards. He currently serves as an advisor on disaster resilience to the United Nations Development Progamme. He is currently working on DHS-sponsored studies on economic consequence analysis of radiological and biological threats, and on the economic impacts of U.S Customs and Border Protection institutions and policies. He recently completed studies sponsored by NSF and DHS analyzing the economic consequences of behavioral reactions to terrorism. He has served on a National Research Council panel on Earthquake Resilience, was the lead researcher on the Multi-Hazard Mitigation Council report to the U.S. Congress on the net benefits of FEMA hazard mitigation grants, and coordinated 8 studies to arrive at a definitive estimate of the economic consequences of 9/11. A major focus of his research has been on resilience to natural disasters and terrorism at the levels of the individual business, market, and regional economy.
Professor Rose's other research area is the economics of energy and climate change policy. . He has served as a member of an EPA Scientific Advisory Board Panel and as a coordinating team member for the federal interagency State of the Carbon Cycle Review. As a consultant to the United Nations, he played a major role in the development of the first proposal for a system of globally tradable emission allowances. More recently, he has advised government agencies in several U.S. states on the development of cap & trade programs and on the job impacts of climate action plans. He is currently helping governments in China and Mexico develop climate action planning capabilities.
Rose is the author of several books and 200 professional papers. He has been appointed to the editorial boards of the Energy Journal, Resource and Energy Economics, Energy Policy, Pacific and Asian Journal of Energy, Resource Policy, Journal of Regional Science, International Journal of Disaster Risk Science, and Journal of Integrated Disaster Risk Management.
Rose has served as the American Economic Association Representative to the American Association for the Advancement of Science and as a member of the Board of Directors of the Center for National Policy Resilience Forum, the National Institute of Building Sciences Multi-Hazard Mitigation Council, and the American Association of Geographers Energy and Environment Specialty Group. He is the recipient of a Woodrow Wilson Fellowship, East-West Center Fellowship, American Planning Association's Outstanding Program Planning Honor Award, Applied Technology Council Outstanding Achievement Award, and Regional Economic Models, Inc., George Treyz Award for Excellence in Economic Analysis.