sensitivity and the damage ratio, and correlated shocks. We identify prudence, insurance, and exposure effects, reproduce earlier …

We investigate the economic impact of stochastic endogenous extreme events and insurance in a growth model. Our … analytical results and computational experiments show that i) transparency of the insurance sector is the decisive requisite for … insurance fairly is preferable to an insurance industry which provides insurance with an overhead. …

’s chapters address finance and banking, insurance, technology regulation and critical infrastructures, as well as climate change … accessible style and illustrated by multiple case studies from across the world, this book will appeal to a wide cross …