Default options may provide a low-cost way of influencing behaviour without modifying incentives and constraining choices between alternatives. We study whether defaults can be used to increase insurance coverage against low-probability/high-impact risks, like floods, and whether past flood...

The recent financial crisis has shown that the economic consequences of financial instability can be devastating. The consensus on the role that asset prices should play in monetary policy appears to be shifting. The pre-crisis consensus that monetary policy should only take asset prices into...

In this paper we aim to gain insight in the determinants that control the risk perception of flooding and water nuisance by developing and validating a questionnaire. We also investigate to what extent the risk characteristics of external safety risks apply to perceptions of flooding and water...

In this paper we aim to gain insight in the determinants that control the risk perception of flooding and water nuisance by developing and validating a questionnaire. We also investigate to what extent the risk characteristics of external safety risks apply to perceptions of flooding and water...