Welfare Costs of Catastrophes: Lost Consumption and Lost Lives
<jats:title>Abstract</jats:title> <jats:p>Most of the literature on the economics of catastrophes assumes that such events cause a reduction in the stream of consumption, as opposed to widespread fatalities. Here we show how to incorporate death in a model of catast...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
Oxford University Press (OUP)
2021
|
| Online Access: | https://hdl.handle.net/1721.1/133700 |