The role of natural disaster insurance in recovery and risk reduction

C Kousky - Annual Review of Resource Economics, 2019 - annualreviews.org
Natural disaster losses have been increasing worldwide. Insurance is thought to play a
critical role in improving resilience to these events by both promoting recovery and providing …

Impacts of flooding and flood preparedness on subjective well-being: A monetisation of the tangible and intangible impacts

P Hudson, WJW Botzen, J Poussin… - Journal of Happiness …, 2019 - Springer
Flood disasters severely impact human subjective well-being (SWB). Nevertheless, few
studies have examined the influence of flood events on individual well-being and how such …

The determinants of private flood mitigation measures in Germany—Evidence from a nationwide survey

D Osberghaus - Ecological Economics, 2015 - Elsevier
Public flood protection cannot eliminate totally the risk of flooding. Hence, private mitigation
measures which proactively protect homes from being flooded or reduce flood damage are …

Moral hazard in natural disaster insurance markets: Empirical evidence from Germany and the United States

P Hudson, WJW Botzen, J Czajkowski, H Kreibich - Land Economics, 2017 - le.uwpress.org
Moral hazard in natural disaster insurance markets results in policyholders preparing less,
increasing the risk they face. However, moral hazard may not arise, due to high risk aversion …

Natural disasters and governmental aid: Is there a charity hazard?

MA Andor, D Osberghaus, M Simora - Ecological Economics, 2020 - Elsevier
In the aftermath of natural disasters, governments frequently provide financial aid for affected
households. This policy can have adverse effects if individuals anticipate it and forgo private …

Farmers' preferences for climate-smart cowpea varieties: Implications for crop breeding programmes

E Martey, PM Etwire, DS Adogoba… - Climate and …, 2022 - Taylor & Francis
Despite sustained efforts to promote climate-smart technologies in Sub-Saharan Africa
(SSA), adoption remains low. At the same time, the downside risks associated with climate …

Behavioral motivations for self-insurance under different disaster risk insurance schemes

JM Mol, WJW Botzen, JE Blasch - Journal of Economic Behavior & …, 2020 - Elsevier
This paper presents a lab-in-the-field experiment with 2111 Dutch homeowners in floodplain
areas to examine the impacts of financial incentives and behavioral motivations for self …

Insights into the complementarity of natural disaster insurance purchases and risk reduction behavior

S Rufat, PJ Robinson, WJW Botzen - Risk analysis, 2024 - Wiley Online Library
While flooding is the costliest natural disaster risk, public‐sector investments provide
incomplete protection. Moreover, individuals are in general reluctant to voluntarily invest in …

Integrated disaster risk management and adaptation

WJ Wouter Botzen, LM Bouwer, P Scussolini… - Loss and damage from …, 2019 - Springer
This chapter discusses integrated approaches to the management of risks related to extreme
weather and climate change. This is done with the Loss and Damage (L&D) mechanism of …

Protecting against disaster risks: Why insurance and prevention may be complements

WJW Botzen, H Kunreuther, E Michel-Kerjan - Journal of Risk and …, 2019 - Springer
We examine mechanisms as to why insurance and individual risk reduction activities are
complements instead of substitutes. We use data on flood risk reduction activities and flood …