Prevention and Insurance in Cities Exposed to Natural Disaster Risks
dc.contributor.author
Goussebaile, Arnaud
dc.date.accessioned
2020-11-05T14:22:06Z
dc.date.available
2018-11-23T10:51:11Z
dc.date.available
2018-11-23T12:39:45Z
dc.date.available
2020-11-05T14:22:06Z
dc.date.issued
2018-06-19
dc.identifier.other
10.2139/ssrn.3190101
en_US
dc.identifier.uri
http://hdl.handle.net/20.500.11850/305778
dc.description.abstract
Prevention and insurance are studied in an urban model with spatial heterogeneity due not only to commuting transport costs but also to natural disaster risks. Costly insurance and charity donation both lead to low insurance purchase. While the former leads to high prevention, the latter leads to
low prevention. In the presence of charity, implementing insurance or building resilience subsidies may lead to even less prevention through higher development of risky areas. In all events, a public insurance policy with actuarially fair rates accounting for resilience investment and with full coverage requirements, along with lump-sum transfers, leads to Pareto improvement.
en_US
dc.language.iso
en
en_US
dc.publisher
Social Science Research Network
en_US
dc.subject
Natural disaster
en_US
dc.subject
Urbanization
en_US
dc.subject
Resilience
en_US
dc.subject
Insurance
en_US
dc.subject
Charity
en_US
dc.title
Prevention and Insurance in Cities Exposed to Natural Disaster Risks
en_US
dc.type
Working Paper
ethz.journal.title
SSRN
ethz.pages.start
3190101
en_US
ethz.size
34 p.
en_US
ethz.code.jel
JEL - JEL::Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics::Q5 - Environmental Economics::Q54 - Climate; Natural Disasters and Their Management; Global Warming
en_US
ethz.code.jel
JEL - JEL::R - Urban, Rural, Regional, Real Estate, and Transportation Economics::R1 - General Regional Economics::R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
en_US
ethz.code.jel
JEL - JEL::R - Urban, Rural, Regional, Real Estate, and Transportation Economics::R5 - Regional Government Analysis::R58 - Regional Development Planning and Policy
en_US
ethz.code.jel
JEL - JEL::G - Financial Economics::G2 - Financial Institutions and Services::G22 - Insurance; Insurance Companies; Actuarial Studies
en_US
ethz.code.jel
JEL - JEL::G - Financial Economics::G2 - Financial Institutions and Services::G28 - Government Policy and Regulation
en_US
ethz.publication.place
Rochester, NY
en_US
ethz.publication.status
published
en_US
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03877 - Bommier, Antoine / Bommier, Antoine
en_US
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich::00012 - Lehre und Forschung::00007 - Departemente::02120 - Dep. Management, Technologie und Ökon. / Dep. of Management, Technology, and Ec.::03877 - Bommier, Antoine / Bommier, Antoine
en_US
ethz.date.deposited
2018-11-23T10:51:13Z
ethz.source
FORM
ethz.eth
yes
en_US
ethz.availability
Metadata only
en_US
ethz.rosetta.installDate
2018-11-23T12:39:56Z
ethz.rosetta.lastUpdated
2024-02-02T12:27:05Z
ethz.rosetta.exportRequired
true
ethz.rosetta.versionExported
true
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