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Books > Earth & environment > The environment > Environmental economics
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Managing Environmental Risk Through Insurance (Paperback, Softcover reprint of the original 1st ed. 1997)
Loot Price: R2,739
Discovery Miles 27 390
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Managing Environmental Risk Through Insurance (Paperback, Softcover reprint of the original 1st ed. 1997)
Series: Studies in Risk and Uncertainty, 9
Expected to ship within 10 - 15 working days
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Donate to Against Period Poverty
Total price: R2,759
Discovery Miles: 27 590
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Can insurance be used as a means to obtain compliance with
environmental policy? Answering this question requires examination
of a broad mosaic of academic issues, including current systems
available for providing compensation and deterrence, use of
contracts (including insurance) as substitutes for tort law,
limitations of regulatory policy-making by government agencies,
pre-conditions for creation of insurance products, and market
mechanisms necessary for insurance to be purchased or sold. The
purpose of Managing Environmental Risk Through Insurance is to
highlight the potential role that insurance and performance
standards can play in managing environmental risk. Insurance can
play a significant role in dealing with one of the most problematic
issues facing society today - how to compensate for environmental
exposures. This book analyzes the ability of insurance to play a
role in managing environmental risk. It begins by outlining the
role insurance plays in society in contrast to other societal tools
for addressing risk: government benefit programs and imposition of
involuntary liability using the court system. By so doing, the book
describes the comparative advantages of insurance. The book then
analyzes the insurability of the risks. Finally, the book applies
the insurability analysis to three concrete environmental examples.
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