We analyze the treatment and impact of idiosyncratic or firm-specific risk in regulation. Regulatory authorities … regularly ignore firm-specific characteristics, such as size or asset ages, implying different risk exposure in incentive … all firms. This will lead to implicit discrimination. We combine models of firm-specific risk, liquidity management and …

Public flood protection cannot totally eliminate the risk of flooding. Hence, private mitigation measures which … proactively protect homes from being flooded or reduce flood damage are an essential part of modern flood risk management. This … all parts of the country, including flood plains as well as areas which are typically not at a high risk of riverine …

risk perception of the phenomenon was analysed. We found that a better understanding of the effects of climate change might … correspond with higher risk perception. Further factors affecting the risk perception of climate change are gender, experience of … effective for increasing risk perception and willingness to insure. Higher risk perception might induce higher interest in …