Differential Dynamic Evolutionary Model of Emergency Financial Service Supply Chain in Natural Disaster Risk Management

Shujian Ma

Discrete Dynamics in Nature and Society, 2016, vol. 2016, issue 1

Abstract: A government‐market‐public partnership (GMPP) could be a feasible arrangement for providing insurance coverage for natural disaster. Firstly, we put forward GMPP management mode. Secondly, the emergency financial service supply chain for natural disaster risk is built from the view of supply chain. Finally, the objective of this paper is to obtain insights into the cooperative and competitive relationship in GMPP system. We establish the cooperative and competitive differential dynamic evolutionary models and prove the existence of equilibrium solutions in order to solve the coordination problems. In conclusion, the equilibrium solutions can be achieved among the insurers, the operating governments, and the public.

Date: 2016
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https://doi.org/10.1155/2016/5103716

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Persistent link: https://EconPapers.repec.org/RePEc:wly:jnddns:v:2016:y:2016:i:1:n:5103716

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