insurance to people as a protection against the possibility that the trust they offer will not be reciprocated. We find, firstly … the offer of insurance is taken up by a majority of players, this is in most cases not an `effective demand´ in the sense … of incentivising higher levels of trust. Effective demand for insurance, defined in this way, however responds positively …

This study investigates the impacts of short-term precautionary selection and insurance on household decisions … of insurance in the model of household contribution. The finding suggests that the short-term precautionary motive … reduces the household probability to engage into formal and informal saving intermediaries. In addition, insurance is found to …

macroeconomic and political uncertainty. Demand for macroeconomic shock insurance was high; 36.7 percent of microentrepreneurs in … the treatment group purchased insurance. However, purchasing insurance does not change the likelihood that a business … microenterprises. However, insurance may still be of value to them to help cope with shocks when they do occur, but we are unable to …