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Persistent link: https://www.econbiz.de/10010354174
The purpose of this article is to structure the extant knowledge on the determinants of microinsurance demand and to discuss unresolved questions that deserve future research. To achieve this outcome, we review the academic literature on microinsurance demand published between 2000 and early...
Persistent link: https://www.econbiz.de/10010410033
Incentivizing unobservable effort in risky environments, such as in insurance, credit, and labor markets, is vital as moral hazard may otherwise cause significant welfare losses including the outright failure of markets. Ensuring incentive-compatibility through state-contingent contracts between...
Persistent link: https://www.econbiz.de/10012969220
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Persistent link: https://www.econbiz.de/10011658060
The purpose of this article is to structure the extant knowledge on the determinants of microinsurance demand and to discuss unresolved questions that deserve future research. To achieve this outcome, we review the academic literature on microinsurance demand published between 2000 and early...
Persistent link: https://www.econbiz.de/10010686711
The purpose of this article is to structure the extant knowledge on the determinants of microinsurance demand in a manner that achieves several outcomes. First is to offer a specific economic structure to the review through use of Outreville’s insurance demand framework. Second is to identify...
Persistent link: https://www.econbiz.de/10010760413