Advanced Search
MyIDEAS: Login

Auto-assurance, assurance et risques naturels : Une application à la gestion forestière

Contents:

Author Info

  • Marielle Brunette

    ()

  • Stéphane Couture

    () (Laboratoire d'Economie Forestière, INRA - AgroParisTech)

Registered author(s):

    Abstract

    In this paper, we study the optimal self-insurance or insurance activities for a private forest owner against natural hazards. The specificities of natural risks, especially in forest, make indispensable to adjust the standard models of self-insurance and insurance. We develop such a model in which the number of the states of nature is finite and loss is multiplicative. We analyse the optimal choices of self-insurance and insurance that are different in this framework compared to the standard one. We show that some comparative statics results are ambiguous. We then examine the implication of a public disaster relief program on the optimal coverage decisions. We find that public intervention desincites the private forest owner to self-insure or to insure against natural hazards.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.nancy.inra.fr/lef/content/download/2918/28891/version/1/file/doc_LEF_n02.pdf
    File Function: First version, 2006
    Download Restriction: no

    Bibliographic Info

    Paper provided by Laboratoire d'Economie Forestiere, AgroParisTech-INRA in its series Working Papers - Cahiers du LEF with number 2006-02.

    as in new window
    Length: 24 pages
    Date of creation: Mar 2006
    Date of revision:
    Publication status: Published in Review of Agricultural and Environmental Studies, pages 57-78
    Handle: RePEc:lef:wpaper:2006-02

    Contact details of provider:
    Postal: 14 rue Girardet, 54042 Nancy cedex
    Phone: 33 (0)3 83 39 68 66
    Fax: 33 (0)3 83 37 06 45
    Email:
    Web page: http://www.nancy.inra.fr/lef
    More information through EDIRC

    Related research

    Keywords: Self-insurance; natural risks;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:lef:wpaper:2006-02

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Benoit Vandenbroucke).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.