2Greenwald, B. and Stiglitz, J. ( 1990 ) “Asymmetric Information and the New Theory of the Finn: Financial Constraints and Risk Behavior” American Economic Review: Papers and Proceedings 80 : 160 - 65.
3Rustam Ibragimov and Johan Walden,"The Limits of Diversification When Losses May Be Large". Working paper, Harvard University,2005)
4Rustam Ibragimov; Dwight M Jaffee,. and Johan Walden,." Non - Diversification Traps in Markets for Catastrophic Risk. "paper Presented at the National Bureau of Economic Research insurance group meetings, Feb. 2006.
5Auffret,P. ," Catastrophe Insurance Market in the Caribbean Region:Market Failures and Recommendations for Public Sector Intervention. "papers. ssrn. com. 2003.
6Barnett, B. J. ," US Government Natural Disaster Assistance : Historical Analysis and a Proposal for the Future" , Disasters, 1999.23 ( 2 ) , 139-155.
7Coate, S. ," Altruism, the Samaritan's Dilemma, and Government Transfer Policy" , The American Economic Review, 1995.85 ( 1 ) ,46-57.
8Cummins,J. D. ," Should the Government Provide Insurance for Catastrophes?" Federal Reserve Bank of Saint Louis Review. 2006.88 (7-8) ,337-379.
9Cummins, J. D. ," Reinsurance for Natural and Man-Made Catastrophes in the United States : Current State of the Market and Regulatory Reforms". Risk management and Insurance Review,2007.10(2), 179-220.
10Cummins, J. D. and O. Mahul," Catastrophe Risk Financing in Developing Countries : Principles for Public Intervention", World Bank Publications, Washington, D. C. ,2009.
