Empirical evidence suggests that ambiguity is prevalent in insurance pricing and underwriting, and that often insurers … findings, we consider a problem of demand for insurance indemnity schedules, where the insurer has ambiguous beliefs about the …

hazards responsive to the provision of insurance more broadly and argue conclusions may generalize to other settings …

receive incomplete insurance from informal risk-sharing networks. We study the demand for, and effects of, offering formal … index-based rainfall insurance through a randomized experiment in an environment where the informal risk sharing network can … aggregate risk shows that informal networks lower the demand for formal insurance only if the network indemnifies against …