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...

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書目詳細資料
Main Authors: Martin, Ian WR, Pindyck, Robert S
其他作者: Sloan School of Management
格式: Article
語言:English
出版: Oxford University Press (OUP) 2021
在線閱讀:https://hdl.handle.net/1721.1/133700

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