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Analyzing disaster risks and plans : an avian flu example

Fischhoff, Baruch; Bruine de Bruin, Wändi; Güvenç, Ümit - In: Journal of risk and uncertainty : JRU 33 (2006) 1/2, pp. 131-149

Persistent link: https://www.econbiz.de/10003392332

Expected Utility theory and the tyranny of catastrophic risks

Buchholz, Wolfgang; Schymura, Michael - 2010

Expected Utility theory is not only applied to individual choices but also to ethical decisions, e.g. in cost … EU theory is able to deal with "catastrophic risks", i.e. risks of high, but very unlikely losses, in an ethically … appealing way. In this paper we show that this is not the case. Rather, if in the framework of EU theory a plausible level of …

Persistent link: https://www.econbiz.de/10008652528

Special issue: Disaster risk reduction in the post 9-11 security environment

Levy, Jason K. (contributor) - 2009

Persistent link: https://www.econbiz.de/10003873135

Expected utility theory and the tyranny of catastrophic risks

Buchholz, Wolfgang; Schymura, Michael - In: Ecological economics : the transdisciplinary journal of … 77 (2012), pp. 234-239

Persistent link: https://www.econbiz.de/10009579465

Aggregate impacts of natural and man-made disasters : a quantitative comparison

Sawada, Yasuyuki; Bhattcharyay, Rima; Kotera, Tomoaki - 2011

In recent decades, the world has faced an increasing number of natural and man-made disasters. Such disasters include tsunamis, earthquakes, the current ongoing financial crisis, terrorism, riots, and wars. These disasters generate tremendous social and economic costs, especially for the poor in...

Persistent link: https://www.econbiz.de/10009154034

On skewed risks in economic models and experiments

Ebert, Sebastian - In: Journal of economic behavior & organization : JEBO 112 (2015), pp. 85-97

Persistent link: https://www.econbiz.de/10011399355

Catastrophic risk in local government units : search for optimal risk management

Łyskawa, Krzysztof; Janowicz-Lomott, Marietta - In: EU crisis and the role of the periphery, (pp. 115-129). 2015

Persistent link: https://www.econbiz.de/10011280828

Designing catastrophic bonds for catastrophic risks in agriculture : macro hedging long and short rains in Kenya

Sun, Lin; Turvey, Calum Greig; Jarrow, Robert A. - In: Agricultural finance review 75 (2015) 1, pp. 47-62

Persistent link: https://www.econbiz.de/10011305770

A model of stratified production process and spatial risk

Kuroda, Tatsuaki - In: Networks and spatial economics : a journal of … 15 (2015) 2, pp. 271-292

Persistent link: https://www.econbiz.de/10011309624

Weather derivatives risk measures for extreme events

Erhardt, Robert J.; Smith, Richard L. - In: North American actuarial journal 18 (2014) 3, pp. 379-393

Persistent link: https://www.econbiz.de/10011338995