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The paper analyzes the scope for the private market for pandemic insurance and discusses the potential role of the financial market and the government. Building on a premise that pandemics are classified as catastrophic risks by the insurance industry, we start by providing a framework that...
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analyzed using standard tools in economics (incentives and principal-agent theory). We discuss the implications of our approach …
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analyzed using standard tools in economics (incentives and principal-agent theory). We discuss the implications of our approach …
Persistent link: https://www.econbiz.de/10012685204