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The industrialists are liable for any damage they cause to neighboring households. Consequently, households do not have to pay for the risk they create by locating in exposed areas. A common and efficient self-insurance strategy for the firm is to freeze land, or to negotiate land-use...
Persistent link: https://www.econbiz.de/10012904865
This paper addresses the urbanization of areas exposed to natural disasters and studies its dependency on land-use and insurance policies. The risk-map paradox that we describe explains why an insurance system with simplistic maps and tariffs is the rule. Indeed, in practice we observe simple...
Persistent link: https://www.econbiz.de/10012971784
Urbanization in exposed areas increases the cost of disasters. For industrial risks, potential victims raise firms’ liabilities. For natural risks, overexposure by some undermines mutualization. Land use policy (particularly exclusion zones) and insurance shape urbanization, but their...
Persistent link: https://www.econbiz.de/10011072620
Natural and industrial disasters are major risks with the common specificity of a strong geographic dimension. Their main difference is that compensation for natural disasters relies on solidarity, whereas industrial risks imply the liability of the industrialist. This thesis brings parts of...
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This study evaluates the impact of fuel taxes on new car purchases, using exhaustive individual-level data of monthly new car registrations in France. We use information on the car holder to account for heterogeneous preferences across purchasers, and we identify demand parameters through the...
Persistent link: https://www.econbiz.de/10012302894
This study evaluates the impact of fuel prices on new car purchases, using exhaustive individual-level data of monthly registration of new private cars in France from 2003 to 2007. Detailed information on the car holder enables us to account for heterogeneous preferences across purchasers. We...
Persistent link: https://www.econbiz.de/10010435311
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