Kunreuther, Howard C.; Michel-Kerjan, Erwann O. - In: Annual Review of Resource Economics 1 (2009) 1, pp. 119-137
of the country. The question is not whether large-scale catastrophe will occur, but when and how frequently they will … catastrophe risk markets can be developed to provide the necessary financial coverage to make our country more resilient. We look …The large-scale disasters that have occurred since 2001 suggest that we have entered a new era of catastrophes. We are …