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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Bibliographic Details
Main Authors: CAI, Jing, SONG, Changcheng
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2017
Subjects:
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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