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In this article, we estimate the demand of French private forest owners for forest insurance against fire risk. For this purpose, we combine experimental data and real-world data on forest owners’ characteristics. Our econometric approach consists in estimating both insurance participation and...
Persistent link: https://www.econbiz.de/10011094571
This article presents the results of an experiment designed to test theoretical predictions about the impact of public compensation schemes and ambiguity on insurance and self-insurance decisions. Consistent with theory, we find that government assistance significantly reduces willingness to pay...
Persistent link: https://www.econbiz.de/10005466665
Persistent link: https://www.econbiz.de/10003875170
This paper deals with private forest owners' insurance demand against forest fire risk. Econometric analysis is realized on a sample of forest owners from Aquitaine. It allows identifying determinants of participation to insurance from determinants explaining the difference of willingness-to-pay...
Persistent link: https://www.econbiz.de/10013127789
Persistent link: https://www.econbiz.de/10012584796
Common property resources are often used by households of developing countries as insurance in case of economic stress. The aim of this paper is to consider the potential poverty-trap implications of this use. If the capacity of the resource is small, or if the population in need of insurance is...
Persistent link: https://www.econbiz.de/10014223965