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enterprise and the costs of risk management, reduced by the amount of expected damage after the implementation of risk management …
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enterprise and the costs of risk management, reduced by the amount of expected damage after the implementation of risk management …
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This paper examines households' self-insurance in financial markets when a rare personal disaster, such as disability or long-term unemployment, may occur during working years. Personal disaster risk alters lifetime ex-ante investment choices, even if most workers will not experience a disaster....
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