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 |
Metadata
Title
An experimental investigation of insurance decisions in low probability and high loss risk situationsDate
2014-04Publisher
Springer Berlin HeidelbergISSN
1860-711XType
info:eu-repo/semantics/articlePublisher version
http://link.springer.com/article/10.1007/s11403-013-0112-2Subject
Abstract
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. [-]
Is part of
Journal of Economic Interaction and Coordination, vol. 9, n. 1, p. 53-67Rights
© Springer-Verlag Berlin Heidelberg 2013
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/restrictedAccess
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/restrictedAccess
This item appears in the folowing collection(s)
- ECO_Articles [693]