Abstract
This paper examines the effects that Hurricane Katrina has on individuals in terms of where they locate with housing. Individuals, after Hurricane Katrina can be more risk-averse, or more risk-taking when deciding on where to locate with respect to ground zero because of the perceived notion that another natural disaster could occur again. The hypothesis that distance was significant in housing value from ground zero was confirmed until a certain point, when the distance from ground zero was not significant anymore. Linear regression, tested and corrected, confirms the hypothesis that distance from ground zero is significant when analyzing housing values.
Advisor
Burnell, James
Department
Business Economics
Recommended Citation
Kabdebo, Brianna C., "The Housing Disaster: Consumer's Risk Perception Change After Hurricane Katrina" (2017). Senior Independent Study Theses. Paper 7580.
https://openworks.wooster.edu/independentstudy/7580
Disciplines
Behavioral Economics | Economics | Economic Theory | Growth and Development | Urban Studies and Planning
Publication Date
2017
Degree Granted
Bachelor of Arts
Document Type
Senior Independent Study Thesis
© Copyright 2017 Brianna C. Kabdebo