Flood risk is increasing in urban areas due to increased population and urban development, a changing climate, coastal subsidence, and deforestation. To reduce people's exposure to floods, many countries have identified the need for Early Warning Systems for Floods (EWSFs). In the United Nations...

The financial turmoil of 2008 highlighted the importance of default investment options in mandatory defined contribution pensions. Their design can improve the scope for intertemporal risk diversification for individuals and increase the likelihood of achieving adequate replacement rates during...