Guidance on When to Estimate a Future Price Factor: Development of Criteria and Thresholds

Isaac M Opper,Priscillia Hunt,Lucas Husted,Jessie Coe,Kathryn a Edwards

Guidance on When to Estimate a Future Price Factor: Development of Criteria and Thresholds
Format
Paperback
Publisher
RAND Corporation
Country
United States
Published
31 July 2022
Pages
88
ISBN
9781977408594

Guidance on When to Estimate a Future Price Factor: Development of Criteria and Thresholds

Isaac M Opper,Priscillia Hunt,Lucas Husted,Jessie Coe,Kathryn a Edwards

A future price forecast can help the Federal Emergency Management Agency and communities seeking its Public Assistance estimate construction costs. Researchers created a framework, relying on expected per capita damage and rates of in-migration to the area, for determining when such a forecast could be useful.

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