Risk and self-protection: A state-contingent view

John Quiggin

    Research output: Contribution to journalArticlepeer-review

    18 Citations (Scopus)

    Abstract

    This article is a brief outline of the implications of state-contingent production for the self-insurance problem. A general state-contingent approach to choice and production under uncertainty is presented. Upper and lower bounds for willingness-to-pay for reductions in ambient risk are derived.

    Original languageEnglish
    Article number5099698
    Pages (from-to)133-145
    Number of pages13
    JournalJournal of Risk and Uncertainty
    Volume25
    Issue number2
    DOIs
    Publication statusPublished - 2002

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