Deciding Whether to Invest in Mitigation Measures: Evidence from Florida

19 Pages Posted: 22 May 2013

See all articles by James M. Carson

James M. Carson

University of Georgia

Kathleen A. McCullough

Florida State University - College of Business

David Pooser

St. John’s University

Multiple version iconThere are 2 versions of this paper

Date Written: June 2013

Abstract

Prior research provides theoretical insight into factors likely to impact the decision to mitigate such as the degree of risk aversion, the cost of market insurance, and the cost of self‐insurance. We provide empirical evidence related to several hypotheses from the self‐insurance literature on the decision to mitigate.

Suggested Citation

Carson, James M. and McCullough, Kathleen A. and Pooser, David, Deciding Whether to Invest in Mitigation Measures: Evidence from Florida (June 2013). Journal of Risk and Insurance, Vol. 80, Issue 2, pp. 309-327, 2013. Available at SSRN: https://ssrn.com/abstract=2268313 or http://dx.doi.org/10.1111/j.1539-6975.2012.01484.x

James M. Carson (Contact Author)

University of Georgia ( email )

Athens, GA 30602-6254
United States

Kathleen A. McCullough

Florida State University - College of Business ( email )

Department of Risk Management and Insurance
150 Rovetta Business Building
Tallahassee, FL 32306-1110
United States
850-644-8358 (Phone)
850-644-4077 (Fax)

David Pooser

St. John’s University ( email )

Department of Economics and Finance
Tobin College of Business
Queens, NY 11439

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