Showing 1 - 10 of 47,882
We explore behavior and test theory regarding the determinants of flood insurance coverage in the coastal zone using … demand, though only 38% claim flood insurance was required by their lender. Flood insurance demand is positively correlated … with the level of flood risk. Households facing higher erosion hazard demand greater coverage. Community level erosion …
Persistent link: https://www.econbiz.de/10013093519
with equity/affordability issues. The National Flood Insurance Program in the United States has recently shifted toward …
Persistent link: https://www.econbiz.de/10013071529
a statistical numeracy boost and then elicits individual risk beliefs and demand for flood insurance using a contingent …-to-pay (WTP) for flood insurance, this paper finds that the affective and informational nudges result in increases in WTP for … flood insurance of roughly $21/month and $11/month relative to the boost, respectively. Taken together, the findings of this …
Persistent link: https://www.econbiz.de/10012866114
We examine the flood insurance decisions of over 100,000 households, using standard expected utility models and rank … deductibles, leaving important questions about larger stakes decisions. Features of U.S. flood insurance allow us to model risk …
Persistent link: https://www.econbiz.de/10012845726
level of flood insurance coverage. Our empirical strategy exploits the heterogeneous impact of widening partisan … polarization on climate change beliefs after the 2016 general election. We find that, in areas where flood insurance is not … in the demand for flood insurance. In areas where flood insurance is mandatory, a similar drop in beliefs is associated …
Persistent link: https://www.econbiz.de/10012842393
Flood insurance differs widely in scope and form across Europe. Against the backdrop of rising flood losses a debate … paper we investigate if and how current EU policies influence flood insurance. While the question of supply and demand is at … reflect on the national policy level, by illustrating two conflicting cases of flood insurance: the United Kingdom (UK), where …
Persistent link: https://www.econbiz.de/10010517702
Flood insurance helps to cope with the risk of flooding, but take-up rates are relatively low. Insurance density could … damage data for a major flood in 2013. We find IBI to attract similar customers as DBI, while DBI is preferred on average …
Persistent link: https://www.econbiz.de/10011503003
This study examines the redistributional effects of the National Flood Insurance Program (NFIP) using a national …
Persistent link: https://www.econbiz.de/10013093727
in providing flood insurance in the United States. This topic that has garnered considerable interest given the problems … facing the National Flood Insurance Program (NFIP). There are many advocates of "privatization" in some form as they see it … companies to offer flood insurance on their own paper noting that there are other schemes that could be employed that would fall …
Persistent link: https://www.econbiz.de/10012892426
Authorization for the National Flood Insurance Program (NFIP) expires on September 30, 2017, offering policymakers an … opportunity to rethink the scheme and bring forward reforms that would allow a private flood insurance market to develop in its … private flood insurance market. Advances in catastrophic modeling, as well as financial instruments used to hedge risk, make …
Persistent link: https://www.econbiz.de/10012943920