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The government often provides relief against large risks, such as disasters. A simple, general rationale for this role of government is considered here that applies even when private contracting to share risks is not subject to market imperfections. Specifically, the optimal private sharing of...
Persistent link: https://www.econbiz.de/10013052679
The government often provides relief against large risks, such as disasters. A simple, general rationale for this role of government is considered here that applies even when private contracting to share risks is not subject to market imperfections. Specifically, the optimal private sharing of...
Persistent link: https://www.econbiz.de/10013053735
The government often provides relief against large risks, such as disasters. A simple, general rationale for this role of government is considered here that applies even when private contracting to share risks is not subject to market imperfections. Specifically, the optimal private sharing of...
Persistent link: https://www.econbiz.de/10012458472
their clients’ natural disaster risk …
Persistent link: https://www.econbiz.de/10013220674
Persistent link: https://www.econbiz.de/10011812527
In this note, the instruments supporting risk retention and risk financing at the national and regional …/international levels will be the sole focus. Risk transfer, including insurance, is a very broad subject and requires a separate discussion …; however, when a hybrid solution involves a transfer of risk or an instrument at the household or community level, a brief …
Persistent link: https://www.econbiz.de/10012555203
The United Nations Sendai (2015) framework aims to reduce disaster risk. We offer a careful definition and computation … of the individual and property risk targets. Selecting the largest and better studied class of “natural disasters” over … the period 1970-2018, we show that individual risk is “likely” falling, that property risk is neither rising nor falling …
Persistent link: https://www.econbiz.de/10012852956
Persistent link: https://www.econbiz.de/10012131930
risk and indemnify the damages caused by an earthquake, rather than on mitigation measures. This study assessed the impact …
Persistent link: https://www.econbiz.de/10012062608
Persistent link: https://www.econbiz.de/10014631618