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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
Persistent link: https://www.econbiz.de/10010372563
Persistent link: https://www.econbiz.de/10010490638
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
Persistent link: https://www.econbiz.de/10001739691
public sector, it may be economically rational for those at risk not to invest in protective measures. Risk management …. These may include multi-year insurance contracts, well-enforced regulations, third-party inspections, and alternative risk …
Persistent link: https://www.econbiz.de/10013104996
public sector, it may be economically rational for those at risk not to invest in protective measures. Risk management … risk transfer instruments such as catastrophe bonds …
Persistent link: https://www.econbiz.de/10013107136
This book discusses the theory, method, and practice of risk economics and also examines climate change and disaster …Chapter 1: Theorising Risk Economics -- Chapter 2: Economics of risk-sharing -- Chapter 3: Risk and economic governance … -- Chapter 4: Disaster Economics -- Chapter 5: Climate Risk Economics -- Chapter 6: Concluding Observation. …
Persistent link: https://www.econbiz.de/10015157962
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