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War Damage Insurance

Bibliographic Data

ID19318195
AuthorsJack Hirshleifer (corresponding author)
Year1953
Volume35
Issue2
Pages144
Publication date1953-05-01
Open AccessNo
TypeARTICLE
VenueThe Review of Economics and Statistics (JOURNAL)
Journal identifiersISSN: 0034-6535 • E-ISSN: 1530-9142
PublisherJSTOR (PUBLISHER)
DOI10.2307/1925800
OpenAlexW2166261429
LanguageEN
Citations received4

The paper presents the contention that at least a partial way out of the present impasse on the question of passive defense would be to offer war damage insurance to protect property-owners from the chance distribution of losses due to enemy action. It is shown that an appropriate method of insuring property against war damage can be expected, over a period of years, to encourage purely private actions which will, aside from any governmental measures, tend to reduce the physical and economic vulnerability of our cities and industry to enemy bombing

Actuarial science · Business · Economics · Defense, Military, and Policy Studies · Insurance and Financial Risk Management · Military and Defense Studies

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Citations per year0.06
Citation span1960 - 2022 (63)
Highly citedNo

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