Michel-Kerjan, Erwann; Raschky, Paul A.; Kunreuther, Howard - 2009
standard property insurance and for catastrophe coverage (here, terrorism). We find that larger companies are more likely to … insurance for non-catastrophe risks. This result differs from the findings on individual demand for insurance. The terrorism … price elasticity of the demand for terrorism insurance is half in this area relative to the rest of the country …
