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WHETHERReport
Dear Paul
You focus strongly on the postive effects your WHETHERReport may have ('If WHETHERReports predicts only one catastrophic event...it will be completely worth the investment'). But what about false predictions: you warn people for a catastrophy, people make all kind of efforts to get out of the way, but the catastrophy does not take place. Here you have two problems: a. the costs that people make to get away and b. the reduced trust people put in warning systems, which will result in more and more people to not follow up warnings any more. The latter will be a big problem when a catastrophy really hits.
Friendly greetings
Don