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Does Private Insurance Reduce Environmental Accidents?

Regulation

Posted: 29 Sep 2013

See all articles by Haitao Yin

Haitao Yin

Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management

Howard Kunreuther

National Bureau of Economic Research (NBER); University of Pennsylvania - Wharton Risk Management and Decision Processes Center

Matthew W. White

University of Pennsylvania - Business & Public Policy Department; National Bureau of Economic Research (NBER)

Date Written: September 27, 2009

Abstract

Gas station underground tank leaks decreased when states switched from state-managed assurance programs to manadatory private insurance.

Suggested Citation

Yin, Haitao and Kunreuther, Howard C. and Kunreuther, Howard C. and White, Matthew Wallace, Does Private Insurance Reduce Environmental Accidents? (September 27, 2009). Regulation, Available at SSRN: https://ssrn.com/abstract=2331881

Haitao Yin (Contact Author)

Shanghai Jiao Tong University (SJTU) - Antai College of Economics and Management ( email )

No.535 Fahuazhen Road
Shanghai Jiao Tong University
Shanghai, Shanghai 200052
China

Howard C. Kunreuther

National Bureau of Economic Research (NBER)

University of Pennsylvania - Wharton Risk Management and Decision Processes Center ( email )

3819 Chestnut Street
Suite 130
Philadelphia, PA 19104
United States
215-898-4589 (Phone)

Matthew Wallace White

University of Pennsylvania - Business & Public Policy Department ( email )

The Wharton School
3100 Steinberg Hall-Dietrich Hall
Philadelphia, PA 19104-6372
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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