Why Don’t Local Governments Buy Catastrophe Insurance? Biased Decision-Makers

Theoretical background: Incorporating behavioral analysis into finance allows for finding responses to many questions that researchers have not been able to answer by relying on assumptions characteristic of the traditional, normative approach. One of the areas where recently the achievements of beh...

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Bibliographic Details
Main Authors: Magdalena Anna Swacha-Lech, Mateusz Gawin
Format: Article
Language:English
Published: Maria Curie-Skłodowska University, Lublin, Poland 2022-12-01
Series:Annales Universitatis Mariae Curie-Skłodowska Sectio H, Oeconomia
Subjects:
Online Access:https://journals.umcs.pl/h/article/view/13840