IDEAS home Printed from
   My bibliography  Save this paper

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


  • Marielle Brunette


  • Stéphane Couture

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


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.

Suggested Citation

  • Marielle Brunette & Stéphane Couture, 2006. "Auto-assurance, assurance et risques naturels : Une application à la gestion forestière," Working Papers - Cahiers du LEF 2006-02, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.
  • Handle: RePEc:lef:wpaper:2006-02

    Download full text from publisher

    File URL:
    File Function: First version, 2006
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Marielle Brunette & Stephane Couture & Eric Langlais, 2007. "Hedging Strategies in Forest Management," Working Papers - Cahiers du LEF 2007-07, Laboratoire d'Economie Forestiere, AgroParisTech-INRA.

    More about this item


    Self-insurance; natural risks;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lef:wpaper:2006-02. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sylvain CAURLa). General contact details of provider: .

    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.

    We have no references for this item. You can help adding them by using 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 RePEc Author Service 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.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.