of cyclones on the demand for private health insurance (PHI) in Australia. We amalgamate a nationally representative …

source of judgment bias, and (weakly) risk aversion, affect such a project choice. In contrast, wealth does not appear to …

. In most situations, insurance markets are not competitive and risk neutral insurers negotiate under asymmetric … an insurance contract under risk aversion conditions (in static and dynamic approach). Risk aversion influence was …Human behavior, rational or irrational one, influences one of the most complex markets worldwide: the insurance market …

stocks and quotas to protect her from price risk. The previous futures prices were found to be an unbiased predictor of …

This paper examines whether the loadings on the crop insurance premium rates for risks such as moral hazard and adverse …% coverage level are not adequate, resulting in losses for the Risk Management Agency. …

The relevance and the impact of experience in insurance markets are underinvestigated. From Italian farm-level data we … exploratory analysis, allows one to compare how different sources of experience influence the crop insurance decision making … process. We found that direct experience is a catalyst for insurance participation of medium and large farms. The experience …

It has been said that insurance is the last of the financial services to accept radical change (Denney [1995 … weather volatility and catastrophic risks are difficult to diversify using traditional insurance practices. To provide a map … risks. There are two basic and distinct approaches: statistical and economic. The former is typical of the insurance …