Replacing Incomplete Markets with a Complete Mess: Katrina and the NFIP

Andrew Young

Replacing Incomplete Markets with a Complete Mess: Katrina and the NFIP

Free Market Institute

Research output: Contribution to journal › Article › peer-review

Abstract

The purpose of this paper is to elaborate the stated goals of the National Flood Insurance Program (NFIP) and then demonstrate that in practice those goals have not been achieved, and at significant cost to US taxpayers.

Original language	English
Pages (from-to)	561-568
Journal	International Journal of Social Economics
State	Published - Oct 2008

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title = "Replacing Incomplete Markets with a Complete Mess: Katrina and the NFIP",

abstract = "The purpose of this paper is to elaborate the stated goals of the National Flood Insurance Program (NFIP) and then demonstrate that in practice those goals have not been achieved, and at significant cost to US taxpayers.",

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JO - International Journal of Social Economics

JF - International Journal of Social Economics

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Replacing Incomplete Markets with a Complete Mess: Katrina and the NFIP

Abstract

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