6 edition of Trade-offs among alternative government interventions in the market for terrorism insurance found in the catalog.
Trade-offs among alternative government interventions in the market for terrorism insurance
This documented briefing presents interim findings from a RAND Center for Terrorism Risk Management Policy (CTRMP) project that aims to inform the debate over extending the Terrorism Risk Insurance Act of 2002 (TRIA), as modified in 2005. The study uses analytic tools for identifying and assessing key trade-offs among strategies under conditions with considerable uncertainty to assess three alternative government interventions in the market for terrorism insurance: TRIA; no government terrorism insurance program; and extending TRIA without other changes in the program to required insurers to offer coverage for chemical, biological, radiological, or nuclear (CBRN) attacks. The results suggest that TRIA performs better on the outcome measures examined for conventional attacks than letting the program expire but does not effectively address the risks CBRN attacks present to either businesses or taxpayers. The research also shows that requiring insurers to offer CBRN coverage without other program changes has little upside for CBRN attacks and can have significant unintended consequences in dealing with conventional attacks.
|Statement||Lloyd Dixon ... [et al.].|
|Series||Documented briefing / RAND -- 525, Documented briefing (Rand Corporation) -- 525|
|Contributions||Dixon, Lloyd S., Lempert, Robert J., LaTourrette, Tom, 1963-, Reville, Robert T., Steinberg, Paul, 1953-, RAND Center for Terrorism Risk Management Policy., Rand Infrastructure, Safety, and Environment (Organization), Rand Corporation.|
|LC Classifications||HG8054.5 .T73 2007|
|The Physical Object|
|Pagination||xvii, 113, p. :|
|Number of Pages||113|
|ISBN 10||083304186X, 0833038346|
|ISBN 10||9780833041869, 9780833038340|
|LC Control Number||2007298694|
a new terrorism insurance market in the United States. TRIA provides free upfront reinsurance to insurers with the goal of encouraging availability of terrorism insurance, and will ensure that losses are spread widely across national and interna-tional insurance markets and the federal government, rather than being borne by the victims themselves. The core of the figure provides solid arrows to indicate the (downward) direction in which much of the power is exerted in these relationships among government levels. In addition, as May and Williams () have documented, local government can thwart the efforts of state government, and states in turn can do the same to the federal government.
Both of these interventions had the effect of improving overall environmental outcomes without increasing food prices. IIASA researcher Stefan Frank says “If you aim towards policies like these that reduce the total pressure on the system, you reduce the trade-offs between food prices and environmental impacts and increase the solution space. Rational use and reuse of natural resources. Theory, methodology, and policies concerned with the allocation of natural resources among alternative uses. Optimum state of conservation, market failure, safe minimum standard, and cost-benefit analysis. Prerequisite: AREC, ECON, or ECON; and (BMGT or ECON).
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Iv Trade-Offs Among Alternative Government Interventions in the Market for Terrorism Insurance CTRMP is housed at the RAND Corporation, an international nonproﬁt research orga-nization with a reputation for rigorous and objective analysis and the world’s leading provider of research on terrorism.
The center combines three organizations. Trade-Offs Among Alternative Government Interventions in the Market for Terrorism Insurance. Interim Results. by Lloyd Dixon, Robert J.
Lempert, Tom LaTourrette, Robert T. Reville, Paul S. Steinberg. Related Topics: Homeland Security and Public Safety, Law and Business, Terrorism Risk Insurance, Terrorism Risk Insurance Act of ; Citation; EmbedAuthor: Lloyd Dixon, Robert J.
Lempert, Tom LaTourrette, Robert T. Reville, Paul S. Steinberg. The study uses analytic tools for identifying and assessing key trade-offs among strategies under conditions with considerable uncertainty to assess three alternative government interventions in the market for terrorism insurance: TRIA; no government terrorism insurance program; and extending TRIA without other changes in the program to.
This chapter summarizes the approach used in this analysis. Our approach involves constructing simulation models to estimate the effects of different government interventions in the market for terrorism insurance and then using an RDM approach to examine the trade-offs among alternative options in terms of specific outcome measures.
Trade-Offs Among Alternative Government Interventions in the Market for Terrorism Insurance P. (), Trade-Offs Among Alternative Government Interventions in the Market for Terrorism.
TERRORISM RISK INSURANCE. Market Challenges May Exist for Current Structure and Alternative would require trade-offs among various policy goals and involve complexities.
Government Interventions That Could Produce an Economic Subsidy and Their Application to TRIA The war on terrorism is asymmetric in nature but the advantage belongs to us, not the terrorists.
We will fight this campaign using our strengths against the enemy’s weaknesses. We will use the power of our values to shape a free and more prosperous world.
We will employ the legitimacy of our government and our cause to craft strong and agile. Trade-offs between markets and hierarchies of social democrats based on market interventions, regulation and public property in E could be terrorism.
The government is thus an identity. The difficulty, of course, is that one alternative may be superior in satisfying one criterion, but another alternative is better in other ways. Consequently, in the criteria stage the analyst must first specify the list of criteria that are relevant, and then define the trade-offs, or relative importance, of those criteria.
The key government policy goal in the labor market is to raise urban labor productivity and utilization by such means as improving the efficiency of the labor market (e.g., with respect to job mobility and the search process); promoting productivity in both the urban formal and informal sectors; building up human capital; restricting.
The deficit has been reduced by four-fifths from a peak of % of GDP in to % of GDP in 11 As Chart and show the cost of government debt as a share of government. RDM has seen use in US water-management planning, energy policy, and counter-terrorism proposals (Hall et al., ).
RDM does not result in the ranking of alternative decisions. Instead, it offers decision-making support. It summarizes the trade-offs between proposed strategies and their likely outcomes.
Multicriteria decision analysis. To date, no terrorism events have been certified under TRIA. Designing and implementing alternatives to TRIA's current funding structure, such as a federal terrorism risk insurance charge or set-aside of insurer funds, would require trade-offs among various policy goals and involve complexities.
For example, Federal charge. Dixon, L.S. (et al.,) (). Trade-offs among alternative government interventions in the market for terrorism insurance: interim results. Santa Monica, Calif.; RAND. Markets, Self-Regulation, and Government Enforcment in the Protection of Personal Information Peter P.
Swire (1). Let's begin with a sense of the problem. Imagine that one day your bank or telephone company puts all of your transaction or phone records up on a Web site for the world to see. Specific topics include: interactions among overlapping climate policies, the strengths and weaknesses of alternative policy instruments, trade-offs among alternative policy objectives, and decision making under uncertainty.
Prerequisites: ECON 50 or its equivalent. Same as:. There was much more to it than, for example, the priority shift toward terrorism among emergency officials.
The private troubles of the Katrina victims reflected a whole range of public issues. This capacity to shuttle between micro and macro levels is the promise of the sociological imagination. The IMF has been a major participant in the challenge of transforming many African, Asian, and European countries from centrally planned to market economies.
The authors of this book, mainly staff members of the IMF, have distilled their firsthand experience with fiscal reform in transition economies into 15 case studies of these countries. In doing so they analyze issues of privatization. [TOTM: The following is part of a blog series by TOTM guests and authors on the law, economics, and policy of the ongoing COVID pandemic.
The entire series of posts is available here. This post is authored by Oscar Súmar, Dean of the Law School of the Scientific University of the South (Peru)).] Peru’s response to the pandemic has been one of the most radical in Latin America.
Financial decisions often require consumers to assess risk and uncertainty, for example, and to consider trade-offs between the near term and the long term. A growing body of academic literature shows that, among the general population, the level of financial knowledge, skills and ability to consider such complexities is low.
. market structures and business models. Among the European banks, only Intesa San Paolo, UBS and HSBC exhibited a price-to-book ratio near at the end of ; major US banks traded at a price much higher than their book values, with JP Morgan Chase reaching (Figure 5).
However, these values have dramatically worsened since the outbreak.- Members of society satisfy most of their economic needs through voluntary market transactions.
2. Central state control - Economic power is concentrated in the hands of government officials and political authorities.
- The central government owns the property that is used to produce goods and services.mandated the purchase of insurance against natural disasters and health risks. In the case of natural hazards, in France, New Zealand and Spain, the government plays a key role by providing insurance coverage against all disasters and requiring those at risk to protect themselves with insurance .