Voluntary purchases and adverse selection in the market for flood insurance
Jacob T. Bradt, Carolyn Kousky, Oliver Wing
Topics & Concepts
Flood insuranceAdverse selectionFlood mythMandateActuarial scienceBusinessCasualty insuranceWillingness to payBusiness interruption insuranceInsurance policyMoral hazardInformation asymmetryWork (physics)Income protection insuranceEconomicsGeneral insuranceFinanceIncentiveGeographyMicroeconomicsLawPolitical scienceArchaeologyEngineeringMechanical engineeringFlood Risk Assessment and ManagementAgricultural risk and resilienceInsurance and Financial Risk Management