The Review of Economics and Statistics Vol. 35 No. 2 1953
War Damage Insurance
Abstract
The paper presents the contention that at least a partial way out of the present impasse on the question of passive defense would be to offer war damage insurance to protect property-owners from the chance distribution of losses due to enemy action. It is shown that an appropriate method of insuring property against war damage can be expected, over a period of years, to encourage purely private actions which will, aside from any governmental measures, tend to reduce the physical and economic vulnerability of our cities and industry to enemy bombing.
- DOI
- 10.2307/1925800
- Volume
- 35
- Issue
- 2
- Pages
- 144
- Sources
- crossref openalex