At war with the weather : managing large-scale risks in a new era of catastrophes / Howard C. Kunreuther and Erwann O. Michel-Kerjan ; with Neil A. Doherty ... [and others].

Includes bibliographical references and index.

I. Cause for Concern -- 1. A New Era of Catastrophes -- 2. Catastrophe Risk and the Regulation of Property Insurance: A Comparative Analysis across States -- 3. A Market Analysis of Property Insurance against Hurricane Risk -- 4. Come Rain or Shine: Flood Risk Financing through Public Insurance -- II. Understanding the Demand and Supply of Disaster Insurance -- 5. Homeowners' Decision Making for Purchasing Insurance Coverage -- 6. Private Insurers' Decision Making for Supplying Coverage -- 7. Private Reinsurers' Decision Making for Supplying Coverage -- 8. Innovative Insurance-Linked Securities for Financing Extreme Events -- 9. A Framework for Linking Supply and Demand of Disaster Insurance -- 10. A Multistate Empirical Analysis of Homeowners' Insurance -- III. Protecting Homeowners Against Natural Disasters -- 11. Impact of Insurance Status on Economic Welfare of Homeowners in Hazard-Prone Areas: The Affordability Challenge -- 12. Enhancing the Implementation of Risk Reduction Measures -- 13. Policy Analysis of Alternative Programs: Comparing the Status Quo with a True Competitive Insurance Market -- IV. Creating Innovative Solutions -- 14. Proposed Innovations for Dealing with Catastrophic Risks -- 15. Winning the War Against the Weather and Other Extreme Events -- Study Directors and Other Lead Authors.