Related papers: State capacity and vulnerability to natural disast…
Drawing on the attention based view, this study explores the joint effects of natural disaster intensity at the country level with personal attributes in terms of gender, human capital, and fear of failure on the likelihood to enter social…
This paper reexamines the validity of the natural resource curse hypothesis, using the database of mineral exporting countries. Our findings are as follows: (i) Resource-rich countries (RRCs) do not necessarily exhibit poor political,…
This study re-examines the impact of natural disasters on economic growth in the perspective of developed and developing countries. Based on panel data consisting of developing and developed countries over the period 1990-2019 and using…
Public debt is one of the important economic variables that quantitatively describes a nation's economy. Because bankruptcy is a risk faced even by institutions as large as governments (e.g. Iceland), national debt should be strictly…
The fate of cities under natural hazards depends not only on hazard intensity but also on the coupling of structural damage, a collective process that remains poorly understood. Here we show that urban structural damage exhibits…
We focus on the potential fragility of democratic elections given modern information-communication technologies (ICT) in the Web 2.0 era. Our work provides an explanation for the cascading attrition of public officials recently in the…
Complex, interdependent systems are necessary to the delivery of goods and services critical to societal function. Here we demonstrate how interdependent systems respond to disruptions. Specifically, we change the spatial arrangement of a…
Government trust, as a core concept in political economy and public policy research, serves as a fundamental cornerstone of democratic legitimacy and state capacity. This paper examines how environmental conditions, particularly sunlight…
Credibly assessing the resilience of energy infrastructure in the face of natural disasters is a salient concern facing researchers, government officials, and community members. Here, we explore the influence of the spatial distribution of…
Resilience is a rehashed concept in natural hazard management - resilience of cities to earthquakes, to floods, to fire, etc. In a word, a system is said to be resilient if there exists a strategy that can drive the system state back to…
Natural disasters are highly complex and unpredictable. However, long-term planning and preparedness activities can help to mitigate the consequences and reduce the damage. For example, in cities with a high risk of flooding, appropriate…
Our infrastructure systems enable our well-being by allowing us to move, store, and transform materials and information given considerable social and environmental variation. Critically, this ability is shaped by the degree to which society…
We explore the interplay between sovereign debt default/renegotiation and environmental factors (e.g., pollution from land use, natural resource exploitation). Pollution contributes to the likelihood of natural disasters and influences…
A key quality of any kind of system is its ability to deliver its respective service correctly. Often the unavailability of commercial systems may lead to lost revenue, which are minor compared to what may be at stake when critical…
Reliable estimates of indirect economic losses arising from natural disasters are currently out of scientific reach. To address this problem, we propose a novel approach that combines a probabilistic physical damage catastrophe model with a…
Natural Disasters like hurricanes, floods or earthquakes can damage power grid devices and create cascading blackouts and islands. The nature of failure propagation and extent of damage is dependent on the structural features of the grid,…
An individually costly act that benefits all group members is a public good. Natural selection favors individual contribution to public goods only when some benefit to the individual offsets the cost of contribution. Problems of sex ratio,…
We study optimal taxation when citizens are not fully confident that the government will transform tax revenue into useful public goods. In an otherwise standard Ramsey framework, a representative agent values a public good financed by…
This paper revisits the classic instrument choice problem in a setting with consumption externalities, through the lens of robust mechanism design. A regulator can implement any incentive-compatible policy but is uncertain about how…
The fragility of financial systems was starkly demonstrated in early 2023 through a cascade of major bank failures in the United States, including the second, third, and fourth largest collapses in the US history. The highly interdependent…