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confronts supreme-value suicide terror. A moral dilemma then arises, since pre-emption may impose collective punishment, while … in the absence of pre-emption the population of intended victims is exposed to acts of terror. We consider how a … population of intended terror victims confronts the moral dilemma, and compare the threatened population's response with the …
Persistent link: https://www.econbiz.de/10005639993
Using a unique dataset of insurance decisions by over 1,800 large U.S. corporations, this study provides the first empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We combine demand and supply data and apply a...
Persistent link: https://www.econbiz.de/10009278238
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...
Persistent link: https://www.econbiz.de/10004981427
The unprecedented 11 September 2001 terrorist attacks in the United States caused massive casualties and damage, and ushered in an era of greater uncertainty. While a prompt and vigorous policy response helped limit the immediate economic impact of the aggression, the heightened terrorist threat...
Persistent link: https://www.econbiz.de/10005046162
How should we evaluate public policies or projects to avert, or reduce the likelihood of, a catastrophic event? Examples might include inspection and surveillance programs to avert nuclear terrorism, investments in vaccine technologies to help respond to a "mega-virus," or the construction of...
Persistent link: https://www.econbiz.de/10010821657
Le triomphe du marché marque-t-il la fin de l'histoire ou bien va-t-on vers le choc des civilisations ? Ces enjeux fondamentaux ont des répercussions directes sur l'économie, selon trois axes : le mode de fonctionnement global de l'économie mondiale, la transformation de certains secteurs,...
Persistent link: https://www.econbiz.de/10011074474
Persistent link: https://www.econbiz.de/10005757111
It is thought that one of the affected industries of the 9/11 terror event was the global airline industry through the …
Persistent link: https://www.econbiz.de/10010941308
We test whether immigrants are more prone to support terror than natives because of lower opportunity costs, using the … irrelevant to terror support. As robustness test we relate individual attitude to real-life behavior: using country panels of … transnational terrorist attacks in OECD countries, we show that the population attitudes towards violence and terror determine the …
Persistent link: https://www.econbiz.de/10010957280
It is thought that one of the affected industries of the 9/11 terror event was the global airline industry through the …
Persistent link: https://www.econbiz.de/10009395404