Climate Change, Insurability of Large-scale Disasters and the Emerging Liability Challenge
---- Acknowledgments ----
We would like to thank Carolyn Kousky for her excellent research assistance and Michael Faure and other participants in the Penn Symposium on Climate Change in Philadelphia for very helpful comments. We acknowledge financial support from the National Science Foundation (Award No: 1120617-163123), the Chair on Sustainable Development at the Ecole Polytechnique in Paris and The Wharton Risk Management and Decision Processes Center's Extreme Events Project. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.