Name | Description | References |
Estimating risk premiums | Botzen and van der Bergh (2009) use bounded rationality assumptions to estimate risk premiums under different climate change scenarios for the Netherlands They find estimation results suggest that a profitable flood insurance market could be feasible. | Botzen, WJ Wouter, and Jeroen CJM van den Bergh. "Bounded rationality, climate risks, and insurance: Is there a market for natural disasters?." Land Economics 85.2 (2009): 265-278. |
Related decision tree of the Pathfinder:
Decision tree: Behaviour analysis |