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Many new products presumed to be privately beneficial to the poor have a high price elasticity of demand and ultimately … the optimum subsidy scheme that can insure a given take-up for a new weather insurance for rice producers. We build a … model that includes the forces that are known to be determinants of insurance demand, provide reduced form confirmation of …
Persistent link: https://www.econbiz.de/10012455978
Many new products presumed to be privately beneficial to the poor have a high price elasticity of demand and ultimately … the optimum subsidy scheme that can insure a given take-up for a new weather insurance for rice producers. We build a … model that includes the forces that are known to be determinants of insurance demand, provide reduced form confirmation of …
Persistent link: https://www.econbiz.de/10012982016
Premium subsidies are an instrument to address low demand for natural hazard insurance, which is partly caused by … insurance demand of German wine growers after the government changed insurance regimes to avoid ex post disaster relief payments …. We find that the implementation of a premium subsidy in an immature market with low levels of participation is effective …
Persistent link: https://www.econbiz.de/10014344306
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Although there is an increasing interest in index-based insurances in many developing countries, crop data scarcity hinders its implementation by forcing insurers to charge higher premiums. Expert knowledge has been considered a valuable information source to augment limited data in insurance...
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