Goran Skogh on Risk Sharing and Environmental Policy

M. Faure*, D. Porrini

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

18 Downloads (Pure)

Abstract

This article pays hommage to the important work of Goran Skogh, the founding father of the European Association of Law and Economics. It recalls Skogh's work on instrument choice, the transaction cost of insurance and his important contributions to environmental policy. Attention is especially focused on Skogh's contribution to the topic of risk-sharing institutions. The article sketches how Skogh identified the conditions for effective risk-sharing and indicates that risk-sharing can also provide interesting solutions for various (natural) catastrophes.
Original languageEnglish
Pages (from-to)177-192
Number of pages16
JournalGeneva Papers on Risk and Insurance - Issues and Practice
Volume42
Issue number2
DOIs
Publication statusPublished - 1 Apr 2017

Keywords

  • risk sharing
  • catastrophe
  • instrument choice
  • environmental policy
  • public-private partnerships
  • risk differentiation
  • INDEX INSURANCE
  • COUNTRIES
  • AMBIGUITY

Cite this