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probability of future disasters, (3) learning the objective benefits of insurance, or (4) hypothetical experience of disaster. We …, experience gained in the insurance game played recently has a stronger effect on the actual insurance take-up, implying that …This paper uses a novel experimental design to test for the role of experience and information in insurance take-up in …
Persistent link: https://www.econbiz.de/10013099368
Persistent link: https://www.econbiz.de/10011736477
agricultural insurance program on household level production, borrowing, and saving. The empirical strategy includes both … difference-in-difference and triple difference estimations. I find that, first, introducing insurance increases the production … area of insured crops by around 20% and decreases production diversification; second, provision of insurance raises the …
Persistent link: https://www.econbiz.de/10011258732
based health insurance. The information package consists of a detailed brochure which is distributed to households through … treatment effects on insurance uptake at the margin, although insurance uptake is low in general. We also find evidence for a … better understanding of insurance principles among treated households, in particular in poorer households and in households …
Persistent link: https://www.econbiz.de/10011653472
based health insurance. The information package consists of a detailed brochure which is distributed to households through … treatment effects on insurance uptake at the margin, although insurance uptake is low in general. We also find evidence for a … better understanding of insurance principles among treated households, in particular in poorer households and in households …
Persistent link: https://www.econbiz.de/10011647625
influences demand, both within the microinsurance and the traditional insurance markets. A comparison with traditional markets … effects on the decision to buy microinsurance. The influence of trust on insurance take-up and the unanticipated results for …
Persistent link: https://www.econbiz.de/10010410033
stochastic framework. More precisely, I analyse weather index insurance that guarantees farmers an indemnity payment contingent … location is near a weather station, and distant farmers. Results show that the latter ask for less than 50% insurance coverage … trust and a lack of knowledge about the insurance. I can show that a lack of trust reduces insurance demand most for close …
Persistent link: https://www.econbiz.de/10012941274
are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique … remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies … influence the purchasing of formal funeral cover. Finally, we find that determinants of informal insurance differ from those of …
Persistent link: https://www.econbiz.de/10010568606
can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …
Persistent link: https://www.econbiz.de/10010270469
are used to self-insure, substituting for both formal and informal insurance. We investigate this question using a unique … remittances, which supports the idea that remittances act as self-insurance. We also show that other risk management strategies … influence the purchasing of formal funeral cover. Finally, we find that determinants of informal insurance differ from those of …
Persistent link: https://www.econbiz.de/10010312192