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Firm’s protection against disasters: are investment and insurance substitutes or complements? |
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| Authors: | Attanasi Giuseppe Concina Laura Kamaté Caroline Rotondi Valentina |
| Institution: | 1.GREDEG, Université C?te d’Azur, Valbonne, France ;2.FONCSI, Toulouse, France ;3.Bocconi University, Milan, Italy ; |
| Abstract: | Theory and Decision - We use a controlled laboratory experiment to study firm’s protection against potential technological damages. The probability of a catastrophic event is known, and the... |
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