Accession Number : AD0604321

Title :   WAR DAMAGE INSURANCE,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Hirshleifer,Jack

Report Date : MAY 1953

Pagination or Media Count : 22

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.

Descriptors :   (*PASSIVE DEFENSE, ECONOMICS), (*NUCLEAR WARFARE, PASSIVE DEFENSE), (*NUCLEAR EXPLOSION DAMAGE, NUCLEAR WEAPONS), DEFENSE SYSTEMS, VULNERABILITY, COSTS, COUNTERMEASURES, FEDERAL BUDGETS, STRATEGIC WEAPONS, SITE SELECTION, URBAN AREAS, TARGETS

Distribution Statement : APPROVED FOR PUBLIC RELEASE