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Der vorliegende Artikel leistet einen Beitrag zur aktuellen Diskussion um eine möglichst effiziente Risikovorbeugung vor Elementarschäden in Deutschland. Im ersten Teil wird anhand eines einfach gehaltenen Modellszenarios die Anreizsituation von Staat, Bevölkerung und Versicherung zur...
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Risk management is a is a complex and multifaceted process which varies from one organization to another consisting of well defined steps which, when taken in sequence, support better decision making by contributing to a greater insight into risks and their impact. It should be viewed as an...
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The global response to a catastrophic shock to productivity which becomes more imminent with global warming is to have carbon taxes to curb the risk of a calamity and to accumulate precautionary capital to facilitate smoothing of consumption.  Our multi-region model of growth and climate change...
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