083053 (E10, B80) Probleme eines optimalen Übergangs von einer Planwirtschaft zu einer Marktwirtschaft: Krell D.H., Zeitschrift für die gesamte Versicherungswissenschaft, Volume 84, 1995, pp. 1–25

• Publisher: Elsevier Science
• Year: 1997
• Tongue: English
• Weight: 95 KB
• Volume: 19
• Category: Article
• ISSN: 0167-6687
• DOI: 10.1016/s0167-6687(97)81716-7

✦ Synopsis

citizens to behave inefficiently in preparing for and responding to disasters also will cause inefficiencies in policies concerning catastrophic events. Among the more important expected pathologies of disaster policies are: (I) a failure to balance benefits and costs at the margin for different types of disasters, due to cognitive pathologies such as availability and overconfidence; (2) a tendency for policy to underinvest in protection and overinvest in response; and (3) a skepticism for policies based on sound insurance principles for spreading costs and assessing claims.