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Optimal Model Financial Solutions Realization Of Natural Disasters In The Czech Republic

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  • Karina Mužáková

Abstract

To maintain financial health and development of communities and regions is also important optimally configured model solution implementation risks of catastrophic range. In the article, attention will be paid only the impacts of natural hazards. By disposing of catastrophic damage occurs in the Czech Republic to the resulting moral hazard due to information asymmetry, which is the financial services sector – insurance – sensitive. Article aims to design optimal, fair, model of financial solution implementation of natural disasters in the Czech Republic.

Suggested Citation

  • Karina Mužáková, 2014. "Optimal Model Financial Solutions Realization Of Natural Disasters In The Czech Republic," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 911-935.
    • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:911-935
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    References listed on IDEAS

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    1. Reimund Schwarze & Gert G. Wagner, 2006. "The Political Economy of Natural Disaster Insurance: Lessons from the Failure of a Proposed Compulsory Insurance Scheme in Germany," Discussion Papers of DIW Berlin 620, DIW Berlin, German Institute for Economic Research.
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    More about this item

    Keywords

    natural disasters; commercial insurance; role of the state; catastrophic risk;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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