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

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.