Do disaster experience and knowledge affect insurance take-up decisions?”
This study examines the effect of experience and knowledge on weather insurance adoption. First, we conduct insurance games with farmers, and find that the treatment improves real insurance take-up by 46%. The effect is not driven by changes in risk attitudes and perceived probability of disasters,...
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Main Authors: | CAI, Jing, SONG, Changcheng |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2017
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6506 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7505/viewcontent/do_distaster___PV.pdf |
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Institution: | Singapore Management University |
Language: | English |
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