Self-protection and Self-insurance Against Adversity

Toshihiro Ihori (), Martin McGuire () and Shintaro Nakagawa ()
Additional contact information
Toshihiro Ihori: National Graduate Institute for Policy Studies
Shintaro Nakagawa: Konan University

Chapter Chapter 5 in International Governance and Risk Management, 2019, pp 107-158 from Springer

Abstract: Abstract Based on Ihori and McGuire (2007), this chapter first investigates the impact of self-protectionSelf-protection on alliances and then, based on Ihori and McGuire (2010), considers the impact of self-insuranceSelf-insurance as well as self-protectionSelf-protection on security spendingSecurity spending. We extend existing analyses of self-insurance and self-protection that countries may implement at a national level in pursuit of their security. That is, we provide an analysis of odds-improving self-protection and cost-reducing self-insurance when they yield collective benefits to allied groups, such as alliances of nations, for whom risks of loss are public bads and prevention of loss is a public good.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advchp:978-981-13-8875-0_5

Ordering information: This item can be ordered from
http://www.springer.com/9789811388750

DOI: 10.1007/978-981-13-8875-0_5

Access Statistics for this chapter

More chapters in Advances in Japanese Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().