Demand for index-based flood insurance in Jakarta, Indonesia

PhD Seminar (Econ)

Speaker

Jose Cobian

Venue

Other, please see description for details

Date

Friday, 13 November, 2020 - 11:00 to 12:00

Developing country megacities are constantly exposed to flood risk, with a clear gap regarding insurance protection, and poor risk management by urban populations. This article analyses demand for hypothetical index-based flood insurance in Jakarta, Indonesia. A standard expected utility theory framework tests household’s reaction to distance (proxy for basis risk), its level of effect to reduce demand, and insurance uptake effects from price discounts, flood prevention, and risk aversion.

Find flyers, registration, and complete event details at https://crawford.anu.edu.au/news-events/events/17978/demand-index-based-flood-insurance-jakarta-indonesia

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