How Do Insurance Markets Respond to Natural Disasters?
This thesis analyzes the interplay between natural disasters, human behavior, and insurance markets. Prospect theory can help us understand how fundamental behavioral biases in human nature affect insurance purchases and can begin to explain previously exhibited irrational behavior in regards to ear...
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Format: | Others |
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Scholarship @ Claremont
2013
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Online Access: | http://scholarship.claremont.edu/scripps_theses/264 http://scholarship.claremont.edu/cgi/viewcontent.cgi?article=1210&context=scripps_theses |