Funeral Aid Associations (FAAs) in Northeast Thailand offer micro funeral insurance at affordable premium levels while … the insurance. Compared to many other micro insurance schemes, however, FAAs do not seem to face adverse effects of this … of a sufficient number of low-risk individuals, who deliberately buy insurance despite what their risk types would advice …

correlation in their assets (health, wealth, wisdom, i.e. skills), causing them to demand a great deal of insurance coverage …. Insurers on the other hand eschew positively correlated risks. It can be shown that insurance contributes to a reduction of … insurance. Analyzing deviations from trend in aggregate insurance payments, one finds the following for the United States and …

effects stemming from the experience of extreme stock market downturns. Households in countries that witnessed a particularly … severe 2008 stock market crash give substantially more weight to the most recent experience, suggesting that in these …

Based on recent empirical evidence which suggests that as investors gain experience, their investment performance … improves, we hypothesize that the specific mechanism through which experience translates into better investment returns is … closely related to learning from investment mistakes. To test our hypotheses, we use an administrative dataset which covers …

’s learning outcomes and late school enrolment. After resolving endogeneity, we find that a standard deviation increase in … financial inclusion is associated with 0.7882 to 0.9504 standard deviations increase in children’s learning outcomes. It also … reduces late school enrolment by 0.9493 standard deviation. Financial inclusion enhances learning and schooling outcomes more …

that the donor may be sure to get a tax benefit. We interpret this function as insurance and test the option to insure … donations in the lab. Our participants indeed have a positive willingness to pay for insurance against either risk. Yet the … insurance option is only critical for their willingness to donate to a charity if the uncertainty affects the proper use of …

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 … extent of claim build-up compared to full coverage contracts. In contrast, bonus-malus contracts with variable insurance …

We use data on households' deductible choices in auto and home insurance to estimate a structural model of risky choice …

We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates "standard …