Earthquake Risk Information and Risk Aversive Behavior : Evidence from a Survey of Residents in Tokyo Metropolitan Area

Kawawaki, Yasuo

Earthquake Risk Information and Risk Aversive Behavior : Evidence from a Survey of Residents in Tokyo Metropolitan Area

Kawawaki, Yasuo

OSIPP Discussion Paper, 2012, DP-2012-E-008

アクセス数:148件（2025-05-09 20:44 集計）

固定URL: https://hdl.handle.net/11094/23369

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タイトル	Earthquake Risk Information and Risk Aversive Behavior : Evidence from a Survey of Residents in Tokyo Metropolitan Area
著者	NRID 1000080806737 1000080806737 著者名 Kawawaki, Yasuo
キーワード等	CVM
	WTP
	Earthquake Insurance
	Risk Aversion
	Subjective Probability of Loss
抄録	This paper analyzes the relationship between provision of earthquake risk information and residents’ willingness to pay (WTP) for disaster risk reduction by the Contingent Valuation Method (CVM), using questionnaire survey data on the purchase of earthquake insurance in the Tokyo Metropolitan Area, Japan. Degree of disaster risk aversion and subjective probability of loss are estimated as parameters of expected utility function in a discrete choice model. The results suggest that when more precise and specific earthquake risk information is provided, residents of vulnerable houses are willing to pay more for disaster risk reduction, with larger subjective probability of loss, while those in safe houses are willing to pay slightly less, with a larger degree of risk aversion.
出版者	Osaka School of International Public Policy, Osaka University
収録物名	OSIPP Discussion Paper
巻(号)	DP-2012-E-008
刊行年月	2012-10
言語	英語
ハンドルURL	https://hdl.handle.net/11094/23369
関連情報 (references)	URI http://www.osipp.osaka-u.ac.jp/archives/DP/2012/DP2012E008.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	OSIPP Discussion Paper

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	OSIPP Discussion Paper. 2012, DP-2012-E-008
DC.title	Earthquake Risk Information and Risk Aversive Behavior : Evidence from a Survey of Residents in Tokyo Metropolitan Area
DC.creator	Kawawaki, Yasuo
DC.publisher	Osaka School of International Public Policy, Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2012-10
DC.relation' scheme='DCTERMS.URI	http://www.osipp.osaka-u.ac.jp/archives/DP/2012/DP2012E008.pdf
DC.subject	CVM
	WTP
	Earthquake Insurance
	Risk Aversion
	Subjective Probability of Loss
DCTERMS.abstract	This paper analyzes the relationship between provision of earthquake risk information and residents’ willingness to pay (WTP) for disaster risk reduction by the Contingent Valuation Method (CVM), using questionnaire survey data on the purchase of earthquake insurance in the Tokyo Metropolitan Area, Japan. Degree of disaster risk aversion and subjective probability of loss are estimated as parameters of expected utility function in a discrete choice model. The results suggest that when more precise and specific earthquake risk information is provided, residents of vulnerable houses are willing to pay more for disaster risk reduction, with larger subjective probability of loss, while those in safe houses are willing to pay slightly less, with a larger degree of risk aversion.
DC.format	23369
citation_title	Earthquake Risk Information and Risk Aversive Behavior : Evidence from a Survey of Residents in Tokyo Metropolitan Area
citation_author	Kawawaki, Yasuo
citation_publisher	Osaka School of International Public Policy, Osaka University
citation_language	英語
citation_date	2012-10
citation_journal_title	OSIPP Discussion Paper
citation_volume	DP-2012-E-008
citation_public_url	https://hdl.handle.net/11094/23369
citation_abstract_html_url	http://www.osipp.osaka-u.ac.jp/archives/DP/2012/DP2012E008.pdf

Earthquake Risk Information and Risk Aversive Behavior : Evidence from a Survey of Residents in Tokyo Metropolitan Area

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