We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding …-out effects in the first setting with strategic motives, while there are even crowding-in effects due to insurance availability in …

In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … subjects. The reduction of solidarity is driven by a change in giving behaviour of persons with the risky project. Compared to … to show solidarity is influenced by both the desire for own compensation and attributions of responsibility. Our findings …

This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We … show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a … endowment. It is varied whether they can purchase an insurance before the loss is determined. The other half of the subjects can …

simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky …This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products … and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is …

solidarity ; informal insurance ; investment ; micro and small enterprises ; sharing ; Sub-Saharan Africa … patterns: entrepreneurs following an 'insurance regime' comply with sharing norms, are insured but reduce investment in their …

exchanges with few information asymmetries. -- trust ; social distance ; hidden action ; solidarity ; economic development …

-being - solidarity (S) and agency (A) - to be considered alongside the standard indexes of material gain (G) and environmental … sustainability (E). The four indexes - SAGE - form a balanced dashboard for evaluating well-being. The solidarity index covers the … conventionally measured through GDP per capita, "social prosperity" can be measured through our solidarity and agency indexes …

partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …