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to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …
Persistent link: https://www.econbiz.de/10010299407
purchases a good to compensate consequen¬ces of unfavorable events, such as an accident or an illness. Insurance policies in … most lines of insurance base indemnity on the insured’s actual expenses, i.e., the insured would be partially or completely … reimbursed when purchasing certain goods. In this setting we discuss the interaction between insurance and repair markets by …
Persistent link: https://www.econbiz.de/10010427721
security used to hedge the risk is similar to a CAT bond. This work looks at the incentives associated with insurance …
Persistent link: https://www.econbiz.de/10010427722
Recent events involving major insurance companies and insurance brokerage firms highlight substantial incentive … without intermediation. A controversial matter in the discussion concerning insurance intermediation is the issue of … by insurance companies. The rationale for the latter is the fact that a fee paid by uninformed consumers limits the …
Persistent link: https://www.econbiz.de/10010427742
hands-on experience of harvest mechanisation in the traditional cotton region so far. In addition to the state delivery …
Persistent link: https://www.econbiz.de/10011438319
-scale retailers in Uganda. The treatments contrast "active learning" with "traditional lecturing" within standardized lesson-plans. We … find that active learning has a positive and economically meaningful impact on savings and investment outcomes, in contrast …. Tentative evidence suggests that only active learning stimulates several cognitive and non-cognitive mechanisms; moreover, a …
Persistent link: https://www.econbiz.de/10011985275
Pay What You Want (PWYW) and Name Your Own Price (NYOP) are customer driven pricing mechanisms that give customers (some) pricing power. Both have been used in service industries with high fixed costs to price discriminate without setting a reference price. Their participatory and innovative...
Persistent link: https://www.econbiz.de/10011592128
We analyze "Pay What You Want" as a business model for Open Access publishing by discussing motives leading authors to make voluntary contributions, potential benefits for publishers and present results from a field experiment at one publisher. Data from the field experiment indicate authors'...
Persistent link: https://www.econbiz.de/10011592130
In Buy-It-Now (BIN, hereafter) auctions, sellers can make a \"take-it-or-leave-it\" price offer (BIN price) prior to an auction. We analyse experimentally how eBay sellers set BIN prices and whether they benefit from offering them. Using the real eBay environment in the laboratory, we find that...
Persistent link: https://www.econbiz.de/10011932962
less experienced traders. As in a fraction of the uniform-experience literature, lack of short-selling makes room for the … success of such bubble schemes. This previous literature did not allow for persistent effects of experience on beliefs and …, instead, relied on more direct assumptions of belief heterogeneity. Although we map experience into beliefs in a specific way …
Persistent link: https://www.econbiz.de/10012141881