This chapter surveys the economic literature on prevention and precaution. Prevention
refers as either a self-protection activity—ie a reduction in the probability of a loss—or a self …

As the cyber insurance market is expanding and cyber insurance policies continue to
mature, the potential of including pre-incident and post-incident services into cyber policies …

Institutional emergency management has become an integral part of public management
practice and research. This paper investigates the factors related to people's willingness to …

Experiences around the globe in the recent past have served as devastating reminders of
the role that natural disasters play in shaping human existence. In 2020, overall global …

This paper aims to provide the first evidence concerning the relationship between time and
risk preferences and illegal migration in an African context. Based upon our theoretical …

A primary government responsibility is ensuring citizen safety and security. Individuals share
responsibility for their own protection, but research shows they are typically under‐prepared …

This paper studies an equilibrium model between an insurance buyer and an insurance
seller, where both parties' risk preferences are given by convex risk measures. The …

Random events make multiobjective programming solutions vulnerable to changes in input
data. In many cases statistically quantifiable information on variability of relevant parameters …

Hotel property sales have often been bundled with contracts, such as franchise agreements
and management contracts. In these transactions, the seller/operator and the buyer/owner …

In this paper, we aims to state some proprieties of willingness to pay (WTP) for partial risk
reduction and links with insurance within the dual theory of decision. In the case of partial …