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case. We show that in an insurance context, being insured against losses that may be incurred in a real-effort task changes … subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of … uninsured subjects are underconfident while those that obtain insurance have well-calibrated beliefs. Our results suggest that …
Persistent link: https://www.econbiz.de/10011812974
case. We show that in an insurance context, being insured against losses that may be incurred in a real-effort task changes … subjects' self-confidence. Our novel experimental design allows us to disentangle selection into insurance from the effects of … uninsured subjects are underconfident while those that obtain insurance have well-calibrated beliefs. Our results suggest that …
Persistent link: https://www.econbiz.de/10011899247
driven by voters' spending on private insurance and increased willingness to take risks when spared from disaster. I … electoral returns, risk-aversion, and private insurance inquiries. These results are politically meaningful not least because US …
Persistent link: https://www.econbiz.de/10012844636
This paper investigates the crowding-out effect of formal insurance on informal risk-sharing arrangements via theory … coverage is not significantly reduced by formal insurance …
Persistent link: https://www.econbiz.de/10012905808
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … less severe than suggested by the studies from Western countries and the evidence on formal insurance from developing …
Persistent link: https://www.econbiz.de/10012933079
People often fail to insure against catastrophes, even when insurance is subsidized. Even when insuring homes, many … homeowners still underinsure the full value of their assets. Some researchers have suggested using long-term insurance contracts … to reduce these insurance gaps. We examine insurance decisions in a computer-administered experiment that makes several …
Persistent link: https://www.econbiz.de/10012694052
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … have important implications for policies that interact with existing informal insurance arrangements. …
Persistent link: https://www.econbiz.de/10011687995
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … have important implications for policies that interact with existing informal insurance arrangements. …
Persistent link: https://www.econbiz.de/10011689557
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … have important implications for policies that interact with existing informal insurance arrangements. …
Persistent link: https://www.econbiz.de/10011709599
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … have important implications for policies that interact with existing informal insurance arrangements …
Persistent link: https://www.econbiz.de/10012948691