Moral Hazard and The National Flood Insurance Program
<|begin_of_text|><|start_header_id|>system<|end_header_id|> You are a research archivist expert in dataset metadata. Answer the question truthfully.  <|eot_id|><|start_header_id|>user<|end_header_id|> Here is the Description of a dataset. Description:'Description: The number of National Flood Insurance Program (NFIP) policies in force, the number of claims the program pays, and the value of these claims are associated with properties located in a floodplain. If the insurance program is structured so that the availably of insurance encourages people to live in dangerous flood prone areas they are incentivizing risky behavior and thus there is moral hazard present. The Flood Insurance Reform Acts of 1994 and 2004 were enacted to reduce damages caused by flood events. In this paper I find evidence to suggest that the Reform Act of 1994 was associated with an increase in the number of claims paid by the NFIP, not reducing the moral hazard problem. The 2004 Act was successful in reducing the value of claims paid by the NFIP and the number of policies in force, reducing the moral hazard pr' . Please return only a json list of at most 3 Keywords corresponding to the Description:.<|eot_id|><|start_header_id|>assistant<|end_header_id|> {"Answer" : ["Moral Hazard, Flood Insurance"]} <|eot_id|>
 Here is the Description of a dataset. Description:'Description: The number of National Flood Insurance Program (NFIP) policies in force, the number of claims the program pays, and the value of these claims are associated with properties located in a floodplain. If the insurance program is structured so that the availably of insurance encourages people to live in dangerous flood prone areas they are incentivizing risky behavior and thus there is moral hazard present. The Flood Insurance Reform Acts of 1994 and 2004 were enacted to reduce damages caused by flood events. In this paper I find evidence to suggest that the Reform Act of 1994 was associated with an increase in the number of claims paid by the NFIP, not reducing the moral hazard problem. The 2004 Act was successful in reducing the value of claims paid by the NFIP and the number of policies in force, reducing the moral hazard pr' . Please return only a json list of at most 3 Keywords corresponding to the Description:.
Description: The number of National Flood Insurance Program (NFIP) policies in force, the number of claims the program pays, and the value of these claims are associated with properties located in a floodplain. If the insurance program is structured so that the availably of insurance encourages people to live in dangerous flood prone areas they are incentivizing risky behavior and thus there is moral hazard present. The Flood Insurance Reform Acts of 1994 and 2004 were enacted to reduce damages caused by flood events. In this paper I find evidence to suggest that the Reform Act of 1994 was associated with an increase in the number of claims paid by the NFIP, not reducing the moral hazard problem. The 2004 Act was successful in reducing the value of claims paid by the NFIP and the number of policies in force, reducing the moral hazard pr
Moral Hazard, Flood Insurance