Proactive engagement of stakeholders in early phases of disaster risk management is a
requisite for resilient society and built environment against disasters. Recent research …

The risk of natural disasters has increased over the last few decades, leading to significant
economic losses across the globe. In response, research related to the risk of economic loss …

Natural disasters may increase in frequency and severity in the future as a result of climate
change, which is likely to have an impact on the demand for natural disaster insurance …

This paper reviews the puzzles of insurance demand, and provides an overview of
behavioural-based explanations on the concept of underinsurance. In particular, the study …

It is widely accepted that individuals tend to underinsure against low-probability, high-loss
events relative to high-probability, low-loss events. This conventional wisdom is based …

The business environment is always changing and change creates risk. Managing the risk of
the uncertain future is a challenge that requires resilience–“the ability to survive, adapt and …

With data from an insurer that provides coverage for both a low probability, high
consequence (LPHC) risk (the flood peril) and a high probability, low consequence (HPLC) …

In this paper, I examine the demand for flood insurance using data from every flood
insurance policy-in-force in St. Louis County, Missouri, for the years 2000–2006. The …

We offer a structured literature survey of experimental studies involving insurance demand
choices and their experimental methodology. With this, we aim to fulfill two goals. First, we …

The aim of the article is to propose a preferences representation under risk where risk
perception can be past experience dependent. A first step consists in considering a one …