Osberghaus, Daniel; Mennel, Tim - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 94 (2014) 8, pp. 583-587
The recent flood events in Germany have demonstrated that the nation's current system of private flood insurance is … suboptimal. The article provides novel nationwide survey data on stated flood insurance penetration (suggesting that many … expects governmental relief payments), and on the dissemination of private flood mitigation measures. Taking into account …