Disaster response : The perception of the threat and its influence on community decision on insurance

ABSTRACT

This paper attempt to provide a framework from which further research can be undertaken in the development of a model capatable of explaining the decision- making processes an individual employs in his decision to purchase natural disaster insurance by extracting variables from the literature related to natural disasters. The author summarizes what ithers have found to be relevant to the factors which influence a person's decision to purchase this type of insurance. The literature reviewed has mainly been undertaken by geographers and by sociologists. Who were primarily focussing their inquiries into people living in flood plain and earthquake-prone locations