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Some aspects of the economics of catastrophe risk insurance

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dc.creator Gollier, Christian
dc.date 2005
dc.date.accessioned 2013-10-16T07:01:17Z
dc.date.available 2013-10-16T07:01:17Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18773
dc.identifier ppn:484149563
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18773
dc.description The ability to share risk efficiently in the economy is essential to welfare and growth. However, the increased frequency of natural catastrophes over the last decade has raised once again questions associated to the limits of insurability in a free-market economy, and to the relevance of public interventions on risk-sharing markets. In this paper, we explore the potential reasons for the lack of insurance specifically associated to catastrophe environmental risks. Our final aim is to link each source of possible market inefficiency to its possible remedies.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1409
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D52
dc.subject ddc:330
dc.subject Elementarschadenversicherung
dc.subject Versicherungsökonomik
dc.subject Marktversagen
dc.title Some aspects of the economics of catastrophe risk insurance
dc.type doc-type:workingPaper


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