Here a concept of "economic man" (EM) is postulated to solve the problem mentioned above. An EM is defined as 40 times GNP per capita in the year when a disaster takes place for a specific country and has following features:
1) He is an artificial man and can be converted from the economic loss due to a disaster. 2) He is assumed to contribute economically to the society for 40 years, each year with a GNP per capita in the year when a disaster takes place. It seems reasonable to assume that he could begin his work at the age of 25 and retire at the age of 65. 3) He is assumed to be a perfect substitute of a dead or missing natural man or woman in estimating the comprehensive loss due to a disaster.
With aforementioned definition, we are able to evaluate the comprehensive loss caused by a disaster reasonably. In addition, it is relatively easy to compare the real impact of natural disasters on the society irrespective of differences of the economic status for different countries and for different years in a specific country.
The comprehensive impact may be calculated as the number of economic men killed plus a times the number of human fatalities. Here parameter a can be determined by conducting a questionnaire survey. a is the ratio of the average cost which the respondents are willing to pay for saving a human life to an EM.