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of flood-prone areas in the city of Dornbirn (Austria). The experiment reflects two possible designs of governmental …Although natural hazard insurance is advocated as an important means of risk management, private insurance demand often … experiment with a student subject pool in Germany. In addition, we replicate the experiment as an online experiment with citizens …
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We combine household-level data on the choice to purchase flood insurance with experiment-based risk preference data … so. Results indicate that our experiment-based measure of risk aversion over the loss domain positively and significantly … correlates with the decision to purchase a flood policy, as do perceived expectations of hurricane damage, eligibility for …
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in the demand for flood insurance. In areas where flood insurance is mandatory, a similar drop in beliefs is associated … 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 …
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