Description: Catastrophe Insurance : Consumer Demand, Markets, and Regulation, Hardcover by Grace, Martin Francis (EDT); Klein, Robert W.; Kleindorfer, Paul R.; Murray, Michael R., ISBN 1402074697, ISBN-13 9781402074691, Brand New, Free shipping in the US One part of a project of the Wharton Risk Management and Decision Processes Center, this volume examines demand for natural disaster insurance at a microeconomic level within a regulated environment. Before presenting their economic model, they examine residential property insurance markets in Florida and New York. Their model predicts that disaster coverage is much more price elastic than non-disaster coverage, suggesting that government should enact public policies that lower insurers' costs of supplying coverage. Annotation (c) Book News, Inc., Portland, OR ()
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Book Title: Catastrophe Insurance : Consumer Demand, Markets, and Regulation
Author: Grace, Martin Francis (EDT); Klein, Robert W.; Kleindorfer, Paul
Language: English
