RISK PREFERENCES AND FLOOD INSURANCE

被引：41

作者：

ATTANASI, ED ^{[1
]}

KARLINGER, MR ^{[1
]}

机构：

[1] US GEOL SURVEY,TACOMA,WA

来源：

AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS | 1979年 / 61卷 / 03期

关键词：

Disaster insurance; Floods; Risk aversion;

D O I：

10.2307/1239435

中图分类号：

F3 [农业经济];

学科分类号：

0202 ; 020205 ; 1203 ;

摘要：

A detailed theoretical model characterizing the individual's decision to purchase flood insurance is specified and the magnitude of the risk parameter is estimated using data based on transactions offlood insurance purchases. Empirical results for several samples of this subset of the general population indicated that consumers exhibited a relatively uniform degree of risk aversion across various localities where different hydrologic and economic conditions prevailed. While the estimates presented should not bedirectly extrapolated to the entire population located in a flood prone area, they provide evidence that parameters determining an individual's and/or community's willingness to pay for flood protection can bemeasured. © 1978 by the American Agricultural Economics Association.

引用

页码：490 / 495

页数：6

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