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

Research output: Contribution to journalArticlepeer-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 languageEnglish
Pages (from-to)561-568
JournalInternational Journal of Social Economics
StatePublished - Oct 2008

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