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: | 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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