"A subcategory of operational risk management, people risk can be defined as the risk that people do not follow the organization's procedures, practices and/or rules, thus deviating from expected behaviour in a way that could damage the business's performance, offering and reputation. From fraud...

In this dissertation I present novel findings that analyze the effects of insurances on the resilience to shocks and household's risk taking behavior. Moreover, the question is raised as to whether there could actually be something good about shocks, as they could trigger processes of social...