This study examines how basis ambiguity influences the demand for index insurance. Ambiguity is introduced into the … and the index individually. Basis ambiguity lowers the demand for index insurance and increases the threshold to hold the … index insurance. This is a possible explanation for the very low demand and participation in index insurance. Further, we …

attention in the scientific and development related discussion. Despite the convincing theoretical argumentation, the demand for … these products stays behind expectations. Several studies revealed multiple effects impacting the demand for income … that healing these demand impediments would mean to subsidize products and thus foster increase by a decrease of a product …

Access to financial services is challenging for small farmers in developing countries. This paper studies the demand … demand for crop insurance increases with the profitability of the investment made through the agricultural credit, and it …

We study the demand for actuarially fair Long Term Care (LTC hereafter) insurance in a setting where autonomous agents …