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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 …
Persistent link: https://www.econbiz.de/10012290695
Negative income shocks can either be the consequence of risky choices or random events. A growing literature analyzes the role of responsibility for neediness for informal financial support of individuals facing negative income shocks based on randomized experiments. In this paper, we show that...
Persistent link: https://www.econbiz.de/10011880541
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 …
Persistent link: https://www.econbiz.de/10011709599
and a secret saving device on solidarity in risk-sharing groups among rural villagers in the Philippines. Risk is … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky … also test for the persistence of this crowding-out of solidarity. We find evidence for a reduction of solidarity by …
Persistent link: https://www.econbiz.de/10009530291
exchanges with few information asymmetries. -- trust ; social distance ; hidden action ; solidarity ; economic development …
Persistent link: https://www.econbiz.de/10009699454
solidarity ; informal insurance ; investment ; micro and small enterprises ; sharing ; Sub-Saharan Africa …
Persistent link: https://www.econbiz.de/10009717131
Persistent link: https://www.econbiz.de/10001875426
-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 …
Persistent link: https://www.econbiz.de/10012178514
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 lab-in-the-field experiment conducted in Cambodia. Half...
Persistent link: https://www.econbiz.de/10011731916
This paper contributes to the emerging literature on racial and ethnic tension by analyzing the relationship between local socio-economic conditions and the propensity for outsiders to have threatening racial encounters with insiders. We use unique data for a sample of active-duty Army personnel...
Persistent link: https://www.econbiz.de/10003777888