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how large-scale natural disasters influence people's perception toward disaster risk. We use large-scale property … suggest that changes in risk perception are found for prospective homebuyers, rather than for tenants. Second, post …'s awareness of risk not only in directly affected areas but also in unaffected areas as well. This study focuses on the …
Persistent link: https://www.econbiz.de/10012861510
This paper investigates the relationship between extreme weather conditions and the risk of flooding-induced harvest … variation across time and space. Risk of harvest failure increases for agricultural households with more extreme weather … conditions. The effect is especially pronounced for a subsample of households in high-risk areas. Overall, extreme weather …
Persistent link: https://www.econbiz.de/10015053813
This paper studies the spillover effects of sentiment facilitated by social connection following the outbreak of two environmental disasters. Utilizing individual-level survey data from Gallup and county-level social connectivity data from Facebook, the paper finds that residents who are...
Persistent link: https://www.econbiz.de/10012893063
By matching a large database of individual forecaster data with the universe of sizable natural disasters across 54 countries, we identify a set of new stylized facts: (i) forecasters are persistently heterogeneous in how often they issue or revise a forecast; (ii) information rigidity declines...
Persistent link: https://www.econbiz.de/10012852649
exposure to risk. In this paper, we test whether overconfident people underestimate the probability of incurring an avalanche … under different levels of avalanche risk, we measured individual cognitive traits and then used a random effect logit model … overestimate their knowledge are also more likely to take the risk associated with a ski trip exposed to avalanche danger. This …
Persistent link: https://www.econbiz.de/10013023389
I analyze optimal natural resource use in an intergenerational model with the risk of a catastrophe. Each generation …
Persistent link: https://www.econbiz.de/10009757402
with existing flood exposure. The results suggest that sovereign risk will rise with the perception of coastal flooding … and insurance demand, I document that severe coastal surge disasters increase the credit risk of affected countries across … significant relationship of sovereign risk to global and local attention toward physical and adaptation risks. In contrast …
Persistent link: https://www.econbiz.de/10013292856
I analyze optimal natural resource use in an intergenerational model with the risk of a catastrophe. Each generation …
Persistent link: https://www.econbiz.de/10014038819
I analyze optimal natural resource use in an intergenerational model with the risk of a catastrophe. Each generation …
Persistent link: https://www.econbiz.de/10014039328
Exploiting the exogenous nature of flood timings in the United States, we study how floods influence outflow and inflow migration using a difference-in-differences analysis. We further interact this with intensity of media coverage on such floods to examine the effect of information nudges on...
Persistent link: https://www.econbiz.de/10014262147