-sharing institutional evolution. Particularly, through a comparative study of marine insurance development in China and Europe, we address a … wide set of research questions concerning why China and Europe relied on different social organizations for risk sharing. …

Die Studie enthält Daten von zwei Umfragen: eine in privaten Haushalten und die andere bei Unternehmen in der VR China … Risiko und der Einstellung zur Versicherung. (HWWA/DÜI) …

This paper explores the impact of risk preference as well as interlinked credit and insurance contract on peasants' new … ambiguous probabilistic risk preference. (2) Interlinked credit and insurance contract has a significant positive impact on … peasants' adoption of innovative seeds, and interlinked credit and insurance contract plays a moderating role in promoting …

-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to … model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …