Chen, Cheng-Wu; Tseng, Chun-Pin; Hsu, Wen-Ko; Chiang, … - In: Natural Hazards 64 (2012) 2, pp. 1391-1403
This study presents an extended framework for the analysis of economic effects of natural disaster risk management. It also attempts to define and evaluate the optimal insurance arrangements. A model, the economic utility constrained-maximization model, is proposed. The purpose of this study is...