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A remarkable combination of case studies, data on many scales, and application of economic principles.... [this report] provides a deep understanding of the relative roles of the market, government intervention, and social institutions in determining and improving both the prevention and the response to hazardous occurrences. -Kenneth J. Arrow, Nobel Prize in Economics, 1972 I strongly recommend this book to non-economists as well as economists, and to government officials who must cope with floods, oil spills, earthquakes, and other disasters. -Gary S. Becker, Nobel Prize in Economics, 1992 Fascinating and right on target.... You are doing very important work. -Elinor Ostrom, Nobel Prize in Economics, 2009

"A remarkable combination of case studies, data on many scales, and application of economic principles.… [this report] provides a deep understanding of the relative roles of the market, government intervention, and social institutions in determining and improving both the prevention and the response to hazardous occurrences."" —Kenneth J. Arrow, Nobel Prize in Economics, 1972 ""I strongly recommend this book to non-economists as well as economists, and to government officials who must cope with floods, oil spills, earthquakes, and other disasters."" —Gary S. Becker, Nobel Prize in Economics, 1992 ""Fascinating and right on target…. You are doing very important work."" —Elinor Ostrom, Nobel Prize in Economics, 2009"

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