Müller-Fürstenberger, Georg; Schumacher, Ingmar - In: Journal of Economic Dynamics and Control 54 (2015) C, pp. 59-73
We investigate how insurance affects agents’ decisions when being faced by endogenous, climate-driven extreme events …. This is not only important in order to understand how the possibility of insurance augments mitigation and saving decisions …, but it also improves our understanding of how insurance should be provided. Since there are no studies as of now that rely …