Refine
Document Type
- Part of a Book (2)
- Doctoral Thesis (1)
Language
- English (3)
Is part of the Bibliography
- yes (3)
Fully revised and updated, the second edition of the International Encyclopedia of the Social and Behavioral Sciences, first published in 2001, offers a source of social and behavioral sciences reference material that is broader and deeper than any other. Available in both print and online editions, it comprises over 3,900 articles, commissioned by 71 Section Editors, and includes 90,000 bibliographic references as well as comprehensive name and subject indexes.
One of the most prominent policy instruments currently put forward in a variety of climate change-related initiatives are ‘regional index insurance instruments’. These instruments are generically designed to protect states from a region from the economic consequences of natural disasters and allow quick access to capital in the case of a major catastrophe. What unites these insurances is that it is not the actual financial loss which triggers a payment, as in more traditional forms of insurance, but the occurrence of a pre-defined weather event (e.g. hurricane, drought, tsunami). The performance of one a pool of variables is thereby used as a proxy for the actual loss. Another characteristic is that the provision of the insurance cover is often supported through financial market instruments such as weather derivatives, catastrophe bonds or catastrophe swaps. That means, financial market investors operate as ‘insurer of last resort’. (...)