On the basis of a real high stakes insurance experiment with small probabilities of losses, we demonstrate that concern … is a more important driver of WTP for insurance than subjective probability estimates when there is ambiguity surrounding … probability insurance "puzzle" well known from the literature, where a part of individuals pays too much and a part nothing for …

, sondern auch zur Veränderung der Arbeitsteilung im gesamten Finanzsektor. Zur Strukturierung dieser Entwicklung unternimmt das …

. -- monetary policy ; Endogenous money ; industrial organization approach to banking theory ; money multiplier ; vector error …