psychological costs and, consequently, the extent of fraudulent behavior of policyholders. -- Insurance fraud ; experiment …This paper investigates the impact of insurance contract design on the behavior of filing fraudulent claims in an … experimental setup. We test how fraud behavior varies for insurance contracts with full coverage, a straight deductible or variable …

to reduce these insurance gaps. We examine insurance decisions in a computer-administered experiment that makes several …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 …

minimum level of flood insurance penetration, and the resulting increment in total premiums required to achieve this objective … insurance protection. Third, the paper proposes a stylised approach to quantify economic losses associated with uninsured flood … events at different levels of insurance penetration, allowing to take into account that insurance protection could be partly …

Mutual insurance companies and stock insurance companies are different forms of organized risk sharing: policyholders … necessary for a stock insurer to offer insurance at a fair premium, but not for a mutual. In the presence of an owner …