Designing Compensation Programs for Individuals and Households After Man-Made and Natural Disasters in the United States

Steven Garber

Designing Compensation Programs for Individuals and Households After Man-Made and Natural Disasters in the United States
Format
Paperback
Publisher
RAND
Country
United States
Published
5 October 2016
Pages
86
ISBN
9780833095626

Designing Compensation Programs for Individuals and Households After Man-Made and Natural Disasters in the United States

Steven Garber

This report aims to help designers of victim compensation programs make decisions that balance fairness to victims, speed of compensation, and size of transaction costs. It does so by highlighting major issues that designers are likely to confront, considering multiple outcomes of design decisions, and recognizing conflicts or trade-offs in pursuing fairness without undue delay or excessive transaction costs.

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