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households, we analyze the determinants of individual risk perception associated with three kinds of natural hazards: heat waves …, storms, and floods. Our focus is on the role of objective risk measures and experience with these natural hazards, whose … experience with adverse events and, even more importantly, personal damage therefrom are strong drivers of individual risk …
Persistent link: https://www.econbiz.de/10012979625
Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …
Persistent link: https://www.econbiz.de/10011454120
2012 and 2014, each among more than 6,000 German households, we analyze the determinants of individual risk perception … associated with three kinds of natural hazards: heat waves, storms, and floods. Our focus is on the role of objective risk … are strong drivers of individual risk perception. …
Persistent link: https://www.econbiz.de/10011608005
different types of disasters, the effect of changing disaster risk so far has largely been neglected. In this paper we study the … effect of hurricane risk on individual self-reported life satisfaction. In order to do so we combine geo-referenced survey … we construct time-varying indicators of hurricane risk on the zip-code-level for the period of 2010 to 2018, based on …
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theory shed some light on how empirical public adaptation processes unfold. …
Persistent link: https://www.econbiz.de/10011455349
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