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Other Research Relating to Catastrophic Risk Management and Compensation

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Assessing the Effectiveness of the Terrorism Risk Insurance Act

This study simulates the expected losses from three modes of terrorist attacks and shows how the Terrorism Risk Insurance Act (TRIA) would distribute the resulting losses.

Stephen J. Carroll, Tom LaTourrette, Brian G. Chow, Gregory S. Jones, Craig Martin
Terrorism Insurance Policy and the Public Good

Difficulties involved with assessing and pricing terrorism risk are similar to those associated with assessing and pricing natural disaster risk.

Darius N. Lakdawalla, George Zanjani
Insurance, Self-Protection, and the Economics of Terrorism

Investigates the rationale for government intervention in the market for terrorism insurance, focusing on the externalities associated with self-protection.

Darius N. Lakdawalla, George Zanjani

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RAND Institute for Civil Justice