This paper introduces a theoretical model combining household production with an endogenous risk framework in order to understand how ex-ante private spending by coastal households would evolve against ex-post cyclone induced storm surge damage risk given the level of government protective...

Storm protection is an important regulating service provided by mangrove forests because they can shield inland property and lives during tropical cyclones. Theoretical as well as empirical research shows that mangroves provide protection from storm surge. But whether mangroves protect inland...