Simmons, Kevin M.; Kruse, Jamie Brown; Smith, Douglas A. - In: Southern Economic Journal 68 (2002) 3, pp. 660-671
This paper explores valuation of two measures of windstorm mitigation in a Gulf Coast city. Since the home owner is not able to reduce the probability that a hurricane or tropical storm will occur at the structure's location, any voluntary mitigation intended to fortify the home is a form of...