Natural disasters and individual behaviour in developing countries : risk, trust and the demand for microinsurance
Author(s)
Bibliographic Information
Natural disasters and individual behaviour in developing countries : risk, trust and the demand for microinsurance
（Contributions to economics）
Springer, c2017
Available at / 9 libraries
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Library, Institute of Developing Economies, Japan External Trade Organization図
C||361.9||N11955532
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Note
Includes bibliographical references
Description and Table of Contents
Description
This study investigates the complex link between natural disasters, individual behaviour - in the form of an individual's risk-taking propensity and level of trust - and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and climate change as they affect their development processes and set back poverty reduction efforts. Using a unique data set for rural Cambodia based on a survey, experimental games and a discrete choice experiment, the study highlights the importance of perceptions, expectations and psychological factors in decision-making processes with substantial consequences for long-term economic perspectives and poverty alleviation.
Table of Contents
Introduction.- Natural Disasters in Developing Countries.- Experience Natural Disasters: How this Influences Risk Aversion and Trust.- The Demand for Microinsurance Products Against Disaster Risk.- Going Forward: Building Resilience with Microinsurance.- Conclusion.
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