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confronts supreme-value suicide terror. A moral dilemma then arises, since pre-emption may impose collective punishment, while … in the absence of pre-emption the population of intended victims is exposed to acts of terror. We consider how a … population of intended terror victims confronts the moral dilemma, and compare the threatened population's response with the …
Persistent link: https://www.econbiz.de/10005639993
In this article we consider the modeling principles and model for estimation of tension of international relations of a country with other countries. We use the tension of international relations as partial indicator of international political-economical country-risk. The model bases on...
Persistent link: https://www.econbiz.de/10008644981
Using a unique dataset of insurance decisions by over 1,800 large U.S. corporations, this study provides the first empirical analysis of firm behavior that compares corporate demand for property and catastrophe insurance (here, terrorism). We combine demand and supply data and apply a...
Persistent link: https://www.econbiz.de/10009278238
Le triomphe du marché marque-t-il la fin de l'histoire ou bien va-t-on vers le choc des civilisations ? Ces enjeux fondamentaux ont des répercussions directes sur l'économie, selon trois axes : le mode de fonctionnement global de l'économie mondiale, la transformation de certains secteurs,...
Persistent link: https://www.econbiz.de/10011074474
How should we evaluate public policies or projects to avert, or reduce the likelihood of, a catastrophic event? Examples might include inspection and surveillance programs to avert nuclear terrorism, investments in vaccine technologies to help respond to a "mega-virus," or the construction of...
Persistent link: https://www.econbiz.de/10010821657
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...
Persistent link: https://www.econbiz.de/10010294811
An unprecedented number of refugees from Syria has sought refuge in both the Middle East and Europe since the beginning of the civil war in Syria in 2011. We analyze the level of altruism and risk-seeking among Syrian civil war victims in Jordan. We find systematic variations in their revealed...
Persistent link: https://www.econbiz.de/10012306671
Persistent link: https://www.econbiz.de/10005757111
Homeland security against possible terrorist attacks involves making decisions under true uncertainty. Not only are we ignorant of the form, place, and time of potential terrorist attacks, we are also largely ignorant of the likelihood of these attacks. In this paper, we conceptualize homeland...
Persistent link: https://www.econbiz.de/10005547943
This paper tests some existing theories developed over the past 25 years on corporate demand for insurance. Using a unique dataset of 1,809 large U.S. corporations it provides the first empirical analysis that compares corporate demand for standard property insurance and for catastrophe coverage...
Persistent link: https://www.econbiz.de/10004981427