In the wake of several high-profile natural disasters, crowding effects between public relief and private investments in disaster preparedness have recently attracted renewed attention. We examine how non-hypothetical self-insurance behavior by households responds to variations in public...

Over the past two decades, China has become an economic powerhouse. However, as the world's largest producer of CO2 emissions, the scale and seriousness of China's environmental problems are clearly evident. This pioneering book provides an economic analysis of the significant environmental and...