An experimental investigation of insurance decisions in low probability and high loss risk situations
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http://dx.doi.org/10.1007/s11403-013-0112-2 |
Metadatos
Título
An experimental investigation of insurance decisions in low probability and high loss risk situationsFecha de publicación
2014-04Editor
Springer Berlin HeidelbergISSN
1860-711XTipo de documento
info:eu-repo/semantics/articleVersión de la editorial
http://link.springer.com/article/10.1007/s11403-013-0112-2Palabras clave / Materias
Resumen
This experimental study investigates insurance decisions in low-probability, high-loss risk situations. Results indicate that subjects consider the probability of loss (loss size) when they make buying decisions (paying ... [+]
This experimental study investigates insurance decisions in low-probability, high-loss risk situations. Results indicate that subjects consider the probability of loss (loss size) when they make buying decisions (paying decisions). Most individuals are risk averse with no specific threshold probability. [-]
Publicado en
Journal of Economic Interaction and Coordination, vol. 9, n. 1, p. 53-67Derechos de acceso
© Springer-Verlag Berlin Heidelberg 2013
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