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Natural Disasters and Individual Behaviour in Developing Countries - Risk, Trust and the Demand for Microinsurance (Hardcover, 1st ed. 2017)
Loot Price: R3,516
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Natural Disasters and Individual Behaviour in Developing Countries - Risk, Trust and the Demand for Microinsurance (Hardcover, 1st ed. 2017)
Series: Contributions to Economics
Expected to ship within 12 - 17 working days
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This study investigates the complex link between natural disasters,
individual behaviour - in the form of an individual's risk-taking
propensity and level of trust - and the demand for microinsurance.
Developing countries are particularly vulnerable to the impacts of
natural hazards and climate change as they affect their development
processes and set back poverty reduction efforts. Using a unique
data set for rural Cambodia based on a survey, experimental games
and a discrete choice experiment, the study highlights the
importance of perceptions, expectations and psychological factors
in decision-making processes with substantial consequences for
long-term economic perspectives and poverty alleviation.
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