MODELING THE DECISION TO BUY FLOOD INSURANCE: AN EMPIRICAL ANALYSIS FOR COASTAL AREAS

A perennial question about the NFIP is: how can participation be increased? An empirical analysis reveals that in coastal areas the voluntary participation rate is only nine percent and identifies important determinants of the insurance purchase decision. It suggests that insurance will not discourage undesirable risk management practices in coastal areas.


Issue Date:
2000
Publication Type:
Conference Paper/ Presentation
Record Identifier:
http://ageconsearch.umn.edu/record/21880
PURL Identifier:
http://purl.umn.edu/21880
Total Pages:
21
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2018-01-22

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