Under the influence of climate-related extremes, the world is exposed to more and more catastrophe risks. Regulation by insurance may help realize the goal of mitigating catastrophe risk and the following losses. I explore five regulatory tools — risk-based pricing, contract design, loss...

We distinguish among three types of actions that can be taken to alleviate the consequences of natural disasters: precautionary efforts (made ex ante), relief efforts (made in the immediate aftermath of a disaster), and recovery efforts (made ex post). We argue that recognizing this distinction...

In political science, legal and economic literature, there has been a lot of debate on how to achieve an optimal compliance especially with multi-lateral environmental treaties. This chapter attempts to present the literature indicating under what conditions compliance with global environmental...