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While companies have emerged as very proactive donors in the wake of recent major disasters like Hurricane Katrina, it remains unclear whether that corporate generosity generates benefits to firms themselves. The literature on strategic philanthropy suggests that such philanthropic behavior may...
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Tropical cyclones that make landfall on the coast of the USA are causing increasing economic losses. It is assumed that the losses are largely due to socio-economic developments, i.e. growing wealth and greater settlement of exposed areas. However, it is also thought that the rise in losses is...
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Climate change may intensify tropical cyclone activities and amplify their negative economic effects. We simulate the direct economic impact of tropical cyclones enhanced by climate change with the integrated assessment model FUND 3.4. The results show that in the base case, the direct economic...
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In den vergangenen Jahrzehnten konnte weltweit ein drastischer Anstieg der Anzahl von Naturkatastrophen und der von diesen verursachten wirtschaftlichen Schäden beobachtet werden. Die größten Verursacher sind mit hoher Wahrscheinlichkeit die demographische Entwicklung und die gleichzeitige...
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