Robinson, Peter John; Botzen, W.J.W; Kunreuther, Howard; … - 2022
-probability/high-impact risks, like floods, and whether past flood insurance purchases and flooding experience moderate the effect of defaults. Our … study uses a naturally occurring difference in experience, comparing the surveyed flood insurance choices of 1 …,187 homeowners, half of whom are in the Netherlands, where flood insurance penetration rates are low and recent flooding caused minor …