Hi everybody,
For calculating RIsk Index, once I got following formula in an elsevier site. Now, I am not getting that site in anyway (after three days continuous searching) and I did not find appropriate reference. Can you give me the reference of this formula? Do you know any other suitable formula for such risk assessment and would you please share that?
TA = (1 - H^r) ^ L
RI = 1 - TA
Where,
H = Frequencies of event of natural disaster
L = Severity in terms of percentage of loss of crop due to disaster event
R = risk perception value in a 0-1 decimal scale.
TA = Threat assessment from disaster event, severity and risk perception
RI = Risk Index
Thanks in advance,
Kazi