Results 291 to 300 of about 3,808,408 (346)
Some of the next articles are maybe not open access.
Do emotions affect insurance demand?
Review of Behavioral Finance, 2014Purpose– The purpose of this paper is to explore how psychological variables are related to real-life insurance consumption. Specifically, the authors focus on whether emotions and psychological traits can improve the predictability of insurance demand, taking traditional socioeconomic variables under control.Design/methodology/approach– The approach ...
G. Brighetti +2 more
openaire +2 more sources
2016
Chapter 3 explores the scope of health insurance, and the amount of protection that individuals may seek to obtain for their health capital. This chapter describes the demand for, and consumption of, insurance by different groups in the health economy.
openaire +1 more source
Chapter 3 explores the scope of health insurance, and the amount of protection that individuals may seek to obtain for their health capital. This chapter describes the demand for, and consumption of, insurance by different groups in the health economy.
openaire +1 more source
Self Insurance and Insurance Demand under Self-Deception
Asia-Pacific Journal of Risk and Insurance, 2011A dynamic model of self insurance and market insurance demand against uncertain natural hazards is developed where agents incur emotional costs when the true information about potential future catastrophes becomes known. Agents purposefully ignore the incoming signals about future hazards in order to avoid finding out the true information. Faced with
openaire +1 more source
Long-Term Care Insurance and Life Insurance Demand
The Geneva Papers on Risk and Insurance Theory, 1998This article investigates the interaction between life insurance and long-term care insurance markets on the demand side. In the model utility depends on both consumption and bequest, and utility from consumption is contingent on the state of health. While the demand for life insurance increases both with decreasing income and with a rising degree of ...
openaire +2 more sources
Abstract This chapter presents the conventional theory of the demand for insurance and compares it to the quid pro quo theory. It shows how, with the same assumptions, the quid pro quo analysis of demand would lead to the same welfare gain as the conventional theory.
openaire +1 more source
openaire +1 more source
Demand for Life Insurance: Comment
The Journal of Risk and Insurance, 1970In a recent issue of this Journal, Mr. G. Mantis and Professor R. N. Farmer propose a model for predicting future total demand for life insurance.' The purpose of this comment is to suggest that the particular model developed by the authors is useless for predicting purposes.It will be shown that arguments can be raised as to the validity of the ...
openaire +1 more source
Insurance demand and prospect theory
2012Empirical evidence has shown that people are unwilling to insure rare losses at subsidized premiums and at the same time take-up insurance for moderate risks at highly loaded premiums. This paper explores whether prospect theory, in particular diminishing sensitivity and loss aversion, can accommodate this evidence.
openaire +1 more source
Rural demand for drought insurance [PDF]
, 1994 Many agricultural regions in the developing world are subject to severe droughts, which can have devastating effects on household incomes and consumption, especially for the poor. To protect consumption, rural households engage in many different risk management strategies - some mainly risk-reducing and some simply coping devices to protect consumption
Gautam, Madhur +2 more
openaire
Insurance premiums under demand constraints
Scandinavian Actuarial Journal, 1981Abstract An alternative approach to the variance principle of premium determination is explored. The approach rationalises the principle in terms of an economic theory and formalises the notion that loadings in addition to the ‘fair’ premium are related to competition and expenses.
openaire +1 more source
The Theory of Insurance Demand
2000This chapter presents the basic theoretical model of insurance demand in a one-period expected-utility setting. Models of coinsurance and of deductible insurance are examined along with their comparative statics with respect to changes in wealth, prices and attitudes towards risk.
openaire +1 more source