The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
The Assignment
Sometimes one’s choices may involve catastrophic decisions and bear great risk and yet there can be no clear answer. For example, if a person gets a divorce, shutters a plant, sells a losing investment, or closes their business, will he or she be better off? The following case incorporates nearly all of the material you have covered this far and presents an example of one such choice where nearly all of the alternatives have a significant downside risk.
Review the following information from the article “A Cost-Benefit Analysis of the New Orleans Flood Protection System” by Stéphane Hallegatte (2005):
Assume that the availability heuristics make people more risk averse (populations drop, at least in the short term). Consider how this would affect the local economy.
You are an analyst at FEMA and are in charge of developing a recommendation for both the state and the local governments on whether or not to redevelop New Orleans.
Write a report with your recommendation. Address the following in your report:
Part A
Note: You need not have absolute amounts but your relevant utilities should be proportional to one another.
Hint: If you assume that your total CBA for New Orleans is fixed for each constituency (do not forget the overlaps), then each constituency will have a piece of the utility pie.
Part B
Write an 8–12-page report in Word format. Apply APA standards to citation of sources. Use proper spelling and grammar throughout, and keep the text legible and balanced with visuals. Use the following file naming convention: LastnameFirstInitial_M5_A1.doc.
By Saturday, October 4, 2014, deliver your assignment to the M5: Assignment 1 Dropbox.
| Assignment 1 Grading Criteria |
Maximum Points |
|
Analyze the economics of New Orleans in light of the given parameters and develop a Cost- Benefit Analysis (CBA) for rebuilding. |
32 |
|
Evaluate the value of that CBA for each constituency and integrate these estimates into a scenario model and/or decision tree. Analyze the results. |
68 |
|
Discuss the decision pitfalls to which constituencies may be susceptible and make a recommendation on how to alleviate those pressures. |
32 |
|
Starting with the CBA, estimate the relevant expected utility for these parties. |
32 |
|
Make a case for or against rebuilding the city of New Orleans. This should be an executive summary—be concise and brief. Include exhibits. |
68 |
|
Discuss how social heuristics could be used to an advantage, both ethically and unethically, in making a case. |
32 |
|
Estimate what percentage of the class was for, versus against, rebuilding and provide a confidence interval for the estimate. |
8 |
|
Ensure academic writing, such as grammar, spelling, and attribution of sources, is appropriate. |
28 |
| Total: |
300 |
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more