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- W3150602016 abstract "This article extends the theory of corporate risk management to encompass highly dynamic risks. Taking Viscusi'�s (1989) prospective reference from the context of individual decision making and applying it to a corporate context we propose a theory of how corporations process new information. Using unique data on all terrorism insurance policies sold in Germany we find support for this concept of risk-updating by showing that the demand for terrorism insurance is strongly determined by the recent occurrence of terrorist attacks." @default.
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- W3150602016 date "2007-01-01" @default.
- W3150602016 modified "2023-09-23" @default.
- W3150602016 title "Corporate Management of Highly Dynamic Risks: The Case of Terrorism Insurance in Germany" @default.
- W3150602016 hasPublicationYear "2007" @default.
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