Explore the differences between moral and morale hazards, and their impact on insurance behavior and policy design.

People would be more likely to act if they feel threatened by a hazard, rather than a disaster, concludes a new study from New Zealand Having surveyed 604 people in Wellington, New Zealand, the team ...

A moral hazard happens when a party takes an excessive risk or enters a business relationship in bad faith knowing another party is economically responsible for the outcome. For example, during the ...

Brian J. Yanites receives funding from the National Science Foundation. Hurricane Helene lasted only a few days in September 2024, but it altered the landscape of the Southeastern U.S. in profound ...

Each of the various pathways to global catastrophe presents its own winding course of possibilities. Nuclear weapons, climate change, pandemics, advanced technologies, and space weather might appear ...

Eva Angelyna (Evalyna) Bogdan receives research funding from Canada's Tri-agency funding programs, York University and the Government of Alberta. Her work for P4A on the Inclusive Resilience project ...