Natural Disasters and Governmental Aid: Is there a Charity Hazard?
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DOI: 10.1016/j.ecolecon.2019.106534
Abstract: In the aftermath of natural disasters, governments frequently provide financial aid for affected households. This policy can have adverse effects if individuals anticipate it and forgo private precaution measures. While theoretical literature unequivocally suggests this… read more here.
Keywords: charity; charity hazard; natural disasters; governmental aid ... See more keywords