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Comparative institutional analysis of liability for complex accidental disasters: Institutional design with experimental law and economics

Research Project

Project/Area Number 25780188
Research Category

Grant-in-Aid for Young Scientists (B)

Allocation TypeMulti-year Fund
Research Field Public finance/Public economy
Research InstitutionHiroshima University

Principal Investigator

Goto Daisaku  広島大学, 国際協力研究科, 准教授 (80432847)

Project Period (FY) 2013-04-01 – 2016-03-31
Project Status Completed (Fiscal Year 2015)
Budget Amount *help
¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2014: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Fiscal Year 2013: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000)
Keywords経済実験 / 災害リスク / 認識バイアス / 責任負担ルール
Outline of Final Research Achievements

Complex accidental disasters (CADs) arise from natural disaters directly, but they cause the expanded losses by human factors indirectly. In order to provide a new scientific basis of design of liability allocation rules which cope with the mutual risk recognition biases against the CADs, this study applied field and laboratory economic experiments to identify individual risk/loss preferences and preventive behaviors with socio-economic backgrounds in several liability rules' contexts. This study shows: (1) In rural coastal areas of Bangladesh where households face risks of CADs arise from cyclones without any explicit liablity rule settings, micro-credits and domestic remittances have important roles for the damaged households to recover from the disaster. (2) Among the households suffered from a cyclone, households succeeded in income recovery are risk-loving, but households failed in income recovery are loss averse.

Report

(4 results)
  • 2015 Annual Research Report   Final Research Report ( PDF )
  • 2014 Research-status Report
  • 2013 Research-status Report
  • Research Products

    (3 results)

All 2016 2015

All Journal Article (2 results) (of which Peer Reviewed: 2 results,  Open Access: 1 results) Presentation (1 results) (of which Int'l Joint Research: 1 results)

  • [Journal Article] Environmental research joint ventures and time-consistent emission tax: Endogenous choice of R&D formation2016

    • Author(s)
      Yasunori Ouchida and Daisaku Goto
    • Journal Title

      Economic Modelling

      Volume: 55 Pages: 179-188

    • DOI

      10.1016/j.econmod.2016.01.025

    • Related Report
      2015 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Cournot duopoly and environmental R&D under regulator’s precommitment to an emissions tax2016

    • Author(s)
      Yasunori Ouchida and Daisaku Goto
    • Journal Title

      Applied Economics Letters

      Volume: 23 Issue: 5 Pages: 324-331

    • DOI

      10.1080/13504851.2015.1073831

    • NAID

      120005440006

    • Related Report
      2015 Annual Research Report
    • Peer Reviewed
  • [Presentation] The impact of Microfinance on Rural Households in Bangladesh: A Case Study of Jessore District Using Average Treatment Effects from Propensity Score Matching2015

    • Author(s)
      Katsuhiro Ando and Daisaku Goto
    • Organizer
      The 14th JEPA International Conference
    • Place of Presentation
      Toyo University, Tokyo, Japan
    • Year and Date
      2015-11-07
    • Related Report
      2015 Annual Research Report
    • Int'l Joint Research

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Published: 2014-07-25   Modified: 2019-07-29  

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