Current cyber-insurance research community has mainly focussed about studying the market success of an insurance-driven security ecosystem. Such an ecosystem comprises of several market elements like cyber-insurers, ISPs, network users (individuals and organizations), security vendors (SVs), regulatory agencies, etc.,which coexist with the goal of mutually satisfying one’s interests in order to...

The study of memory for event duration in pigeons has, for the most part, centered on an unusual behavioral phenomenon and an interesting theoretical explanation for it. A typical experiment on memory for event duration involves trials initiated by a sample stimulus that is either short or long in duration (e.g., 2 vs. 10 sec of houselight) and that is later followed by the simultaneous present...

Most of the world’s poor face large risks, which affect their investment decisions and contribute to the perpetuation of poverty (Karlan et al. forthcoming). In this context, insurance products targeted at the poor are seen as having substantial promise, as opportunities both to make profit and to improve efficiency and social welfare. The marketing of insurance products to the poor has faced t...

Despite the enactment of significant changes to the Medicare program in 1997, Medicare's Hospital Insurance trust fund is projected to be exhausted just as the baby boom enters retirement. To address Medicare's financial difficulties, a number of reform proposals have been offered, including several to individualize Medicare financing and benefits. These proposals would attempt to increase Me...

This paper investigates the impact of flood management policies on airport investment and resulting financial constraints. Specifically, it examines effects insurance, building codes, public adaptation decisions 100 United States airports located in flood-prone areas. The estimated loss from extreme precipitations flooding using novel data Federal Emergency Management Agency, a differences-in-d...

Disruptive events that halt production can have severe business consequences if not appropriately managed. Business interruption (BI) insurance offers firms a financial mechanism for managing their exposure to disruption risk. Firms can also avail of operational measures to manage the risk. In this paper we explore the relationship between BI insurance and operational measures. We model a manuf...

Most of the world’s poor face large risks, which affect their investment decisions and contribute to the perpetuation of poverty (Karlan et al. forthcoming). In this context, insurance products targeted at the poor are seen as having substantial promise, as opportunities both to make pro!t and to improve ef!ciency and social welfare. The marketing of insurance products to the poor has faced two...