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This paper investigates the crowding out of informal support among peers by the introduction of formal insurance. We … show that the availability of insurance changes people's intrinsic motivation to support others. We report results from a … endowment. It is varied whether they can purchase an insurance before the loss is determined. The other half of the subjects can …
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emphasis put on the too-big-to-fail approach in insurance, i.e. EBA, might be partially missing the underlying nature of … systemic risk in insurance. Not only certain activities, including insurance activities such as life or non-life lines of …
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Should we exempt the services of insurance companies from VAT? Addressing this issue, the paper distinguishes between … insurance against a general loss of resources and a loss of a specific commodity (property insurance). There is a case for … exempting the former kind of insurance, but not the latter. Finally, comparing insurance through a producer warranty with …
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