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Urban Sprawl

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Author Info
Thomas J. Nechyba
Randall P. Walsh

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Abstract

This paper examines the role that insurance has played in dealing with terrorism before and after September 11, 2001, by focusing on the distinctive challenges associated with terrorism as a catastrophic risk. The Terrorism Risk Insurance Act of 2002 (TRIA) was passed by the U.S. Congress in November 2002, establishing a national terrorism insurance program that provides up to $100 billion commercial coverage with a specific but temporary risk-sharing arrangement between the federal government and insurers. TRIA's three-year term ends December 31, 2005, so Congress soon has to determine whether it should be renewed, whether an alternative terrorism insurance program should be substituted for it, or whether insurance coverage is left solely in the hands of the private sector. As input into this process, the paper examines several alternatives and scenarios, and discusses their potential to create a sustainable terrorism insurance program in the Unites States.

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Publisher Info
Article provided by American Economic Association in its journal Journal of Economic Perspectives.

Volume (Year): 18 (2004)
Issue (Month): 4 (Fall)
Pages: 177-200
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Handle: RePEc:aea:jecper:v:18:y:2004:i:4:p:177-200

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  1. Gautier, Pieter A & Zenou, Yves, 2008. "Car Ownership and the Labour Market of Ethnic Minorities," CEPR Discussion Papers 7061, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  2. Song, Yan & Zenou, Yves, 2005. "Property Tax and Urban Sprawl: Theory and Implications for U.S. Cities," Working Paper Series 648, Research Institute of Industrial Economics. [Downloadable!]
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  3. Jan K. Brueckner & Ann G. Largey, 2006. "Social Interaction and Urban Sprawl," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  4. Mervish, Philip & Anderson, David & Richardson, James W. & Outlaw, Joe L., 2008. "The Impact of Land Fragmentation on Beef Cattle Inventory," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6816, Southern Agricultural Economics Association. [Downloadable!]
  5. Newburn, David A. & Berck, Peter, 2006. "Modeling Suburban and Rural-Residential Development Beyond the Urban Fringe," 2006 Annual meeting, July 23-26, Long Beach, CA 21068, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  6. Albert Solé-Ollé & Miriam Hortas Rico, 2008. "Does urban sprawl increase the costs of providing local public services? Evidence from Spanish municipalities," Working Papers 2008/6, Institut d'Economia de Barcelona (IEB). [Downloadable!]
  7. Travis Warziniack, 2009. "Efficiency of Public Goods Provision in Space," Working Papers 0483, University of Heidelberg, Department of Economics. [Downloadable!]
  8. Jan K. Brueckner & Robert W. Helsley, 2009. "Sprawl and Blight," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
  9. Albert Solé-Ollé & Miriam Hortas-Rico, 2008. "Does urban sprawl increase the costs of providing local public services? Evidence from Spanish municipalities," Working Papers XREAP2008-10, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2008. [Downloadable!]
  10. Wouter Vermeulen & Jos van Ommeren, 2006. "Housing supply and the interaction of regional population and employment," CPB Discussion Papers 65, CPB Netherlands Bureau for Economic Policy Analysis. [Downloadable!]
  11. Song, Yan & Zenou, Yves, 2008. "How Differences in Property Taxes within Cities Affect Urban Sprawl?," CEPR Discussion Papers 6842, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  12. Matthias Cinyabuguma & Virginia McConnell, 2009. "Urban Growth Externalities and Neighborhood Incentives: Another Cause of Urban Sprawl?," UMBC Economics Department Working Papers 09-106, UMBC Department of Economics. [Downloadable!]
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