This study investigates the complex link between natural disasters, individual behaviour - in the form of an individual’s risk-taking propensity and level of trust - and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and...

The present research is about quantifying the economic risk exposure of the projects and willingness of investors to take a chance on an investment of uncertain outcome based on risk attitude. This paper explains typical investment situations of decision makers who do not know with certainty the...