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Individual risk preference may change after experiencing external socio-economic or natural shocks. Theoretical … predictions and empirical studies suggest that risk taking may increase or decrease after experiencing shocks. So far the … whether experiencing financial and health-related damage caused by storms affects risk preference of individuals in Germany …
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Die Hochwasserkatastrophe an Elbe und Mulde im Herbst 2002 hat es schlagartig ins allgemeine Bewusstsein gebracht: Selbst in unserer hoch entwickelten, modernen Dienstleistungsgesellschaft sind katastrophenaffine Risiken vorhanden, die ganz erhebliche räumliche Dimensionen besitzen und für die...
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2012 and 2014, each among more than 6,000 German households, we analyze the determinants of individual risk perception … associated with three kinds of natural hazards: heat waves, storms, and floods. Our focus is on the role of objective risk … are strong drivers of individual risk perception. …
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finance. Germany can reduce the disaster risk of climate-related flood hazards by strengthening its control and management …
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