The economics of disaster relief

G. Dari-Mattiacci, M.G. Faure

Research output: Contribution to journalArticleAcademicpeer-review

1 Citation (Scopus)

Abstract

We distinguish among three types of actions that can be taken to alleviate the consequences of natural disasters: precautionary efforts (made ex ante), relief efforts (made in the immediate aftermath of a disaster), and recovery efforts (made ex post). We argue that recognizing this distinction lessens many of the problems that the literature attributes to government intervention and hence expands the scope of government action following disasters. Relief is less likely than recovery to generate over-supply by the government and over-reliance by victims.

Original languageEnglish
Pages (from-to)180-208
Number of pages29
JournalLaw and Policy
Volume37
Issue number3
DOIs
Publication statusPublished - Jul 2015

Keywords

  • CATASTROPHES
  • DEMAND
  • GOVERNMENT
  • INSURANCE
  • LAW
  • MARKET

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