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Deciding Whether to Invest in Mitigation Measures: Evidence From Florida

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  • James M. Carson
  • Kathleen A. McCullough
  • David M. Pooser

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  • James M. Carson & Kathleen A. McCullough & David M. Pooser, 2013. "Deciding Whether to Invest in Mitigation Measures: Evidence From Florida," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 80(2), pages 309-327, June.
    • Handle: RePEc:bla:jrinsu:v:80:y:2013:i:2:p:309-327
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    File URL: http://hdl.handle.net/10.1111/j.1539-6975.2012.01484.x
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    13. Martin F. Grace & Robert W. Klein, 2009. "The Perfect Storm: Hurricanes, Insurance, and Regulation," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 12(1), pages 81-124, March.
    14. Yijia Lin & Martin F. Grace, 2007. "Household Life Cycle Protection: Life Insurance Holdings, Financial Vulnerability, and Portfolio Implications," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 74(1), pages 141-173, March.
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    19. Howard Kunreuther & Mark Pauly, 2006. "Rules rather than discretion: Lessons from Hurricane Katrina," Journal of Risk and Uncertainty, Springer, vol. 33(1), pages 101-116, September.
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    21. Howard Kunreuther & Mark Pauly, 2004. "Neglecting Disaster: Why Don't People Insure Against Large Losses?," Journal of Risk and Uncertainty, Springer, vol. 28(1), pages 5-21, January.
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    1. Richert, Claire & Erdlenbruch, Katrin & Figuières, Charles, 2017. "The determinants of households' flood mitigation decisions in France - on the possibility of feedback effects from past investments," Ecological Economics, Elsevier, vol. 131(C), pages 342-352.
    2. Dong Wang & Rachel A. Davidson & Joseph E. Trainor & Linda K. Nozick & Jamie Kruse, 2017. "Homeowner purchase of insurance for hurricane-induced wind and flood damage," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 88(1), pages 221-245, August.
    3. Stéphane Couture & Marielle Brunette & François Pannequin & Anne Corcos, 2016. "The self-insurance clauses puzzle : risk versus ambiguity," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-02801783, HAL.
    4. Daniel Osberghaus, 2017. "Prospect theory, mitigation and adaptation to climate change," Journal of Risk Research, Taylor & Francis Journals, vol. 20(7), pages 909-930, July.
    5. Max Tesselaar & W. J. Wouter Botzen & Timothy Tiggeloven & Jeroen C. J. H. Aerts, 2023. "Flood insurance is a driver of population growth in European floodplains," Nature Communications, Nature, vol. 14(1), pages 1-14, December.
    6. Anne Corcos & François Pannequin & Claude Montmarquette,, 2017. "Measuring individual risk-attitudes: an experimental comparison between Holt & Laury measure and an insurance-choices-based procedure," Working Papers 2017-79, Center for Research in Economics and Statistics.
    7. Osberghaus, Daniel, 2015. "The determinants of private flood mitigation measures in Germany — Evidence from a nationwide survey," Ecological Economics, Elsevier, vol. 110(C), pages 36-50.
    8. Anne Corcos & François Pannequin & Claude Montmarquette, 2017. "Statistical Tests of the Demand for Insurance: An “All or Nothing” Decision," CIRANO Working Papers 2017s-07, CIRANO.
    9. Yilin Zou & Alexia Stock & Rachel Davidson & Linda Nozick & Joseph Trainor & Jamie Kruse, 2020. "Perceived attributes of hurricane-related retrofits and their effect on household adoption," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 104(1), pages 201-224, October.
    10. Mol, Jantsje M. & Botzen, W.J. Wouter & Blasch, Julia E., 2020. "Behavioral motivations for self-insurance under different disaster risk insurance schemes," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 967-991.
    11. Daniel R. Petrolia & Joonghyun Hwang & Craig E. Landry & Keith H. Coble, 2015. "Wind Insurance and Mitigation in the Coastal Zone," Land Economics, University of Wisconsin Press, vol. 91(2), pages 272-295.
    12. Mol, Jantsje M. & Botzen, W. J. Wouter & Blasch, Julia E., 2020. "Risk reduction in compulsory disaster insurance: Experimental evidence on moral hazard and financial incentives," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 84(C).
    13. Dean Gatzlaff & Kathleen McCullough & Lorilee Medders & Charles M. Nyce, 2018. "The Impact of Hurricane Mitigation Features and Inspection Information on House Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 57(4), pages 566-591, November.
    14. Maria Forlicz & Stefan Forlicz, 2022. "The Impact of Introducing Co-insurance into an Insurance Policy on Moral Hazard: An Incentivised Experiment," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 783-808.
    15. William F. Vásquez & Pallab Mozumder, 2017. "Willingness to Pay for Hurricane-Resistant Home Improvement Programs: a Choice Experiment in Northeastern and Mid-Atlantic United States," Economics of Disasters and Climate Change, Springer, vol. 1(3), pages 263-276, October.
    16. Pannequin, François & Corcos, Anne & Montmarquette, Claude, 2020. "Are insurance and self-insurance substitutes? An experimental approach," Journal of Economic Behavior & Organization, Elsevier, vol. 180(C), pages 797-811.
    17. Brunette Marielle & Corcos Anne & Couture Stéphane & Pannequin François, 2019. "On the uselessness of self-insurance clauses?," Economics Bulletin, AccessEcon, vol. 39(2), pages 830-837.
    18. François Pannequin & Anne Corcos & Claude Montmarquette, 2016. "Behavioral foundations of the substitutability between insurance and self-insurance: An experimental study," CIRANO Working Papers 2016s-12, CIRANO.
    19. François Pannequin & Anne Corcos, 2020. "Are compulsory insurance and self-insurance substitutes or complements? A matter of risk attitudes," The Geneva Risk and Insurance Review, Palgrave Macmillan;International Association for the Study of Insurance Economics (The Geneva Association), vol. 45(1), pages 24-35, March.
    20. W. J. Wouter Botzen & Howard Kunreuther & Erwann Michel-Kerjan, 2019. "Protecting against disaster risks: Why insurance and prevention may be complements," Journal of Risk and Uncertainty, Springer, vol. 59(2), pages 151-169, October.

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