Measuring the Economics of Resilient Infrastructure (MERIT)
MERIT is a state-of-the-art economic evaluation tool that measures the economic impact of disruptions to infrastructure.
The MERIT team is a collaboration between Resilient Organisations, Market Economics, and GNS Science bringing together a team of researchers and consultants specialising in valuing resilience investments to create better futures.
Our multi-disciplinary team have created a state-of-the-art economic evaluation tool, MERIT, with expertise in decision-making and communicating high impact, low probability disruption risks.
Our skilled team, and state-of-the-art tools, can help with:
- Making tough choices in the face of uncertainty and understanding the trade-offs.
- Evaluating the robustness of decisions in different futures.
- Creating value/business case for investment.
- Identifying target groups/sectors most impacted by different risks and most beneficial investment options for the economy and the community over time.
- Understanding the size, spatial, and temporal extent of economic consequences following an event.
- Creating accessible/coherent storylines and narratives to support decision-making processes.
- Evaluating wellbeing and equity (distribution) impacts of risks.
- Navigating complexity.