Asset Details
Do you wish to reserve the book?
Barriers to Household Risk Management: Evidence from India
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Barriers to Household Risk Management: Evidence from India
Do you wish to request the book?
Barriers to Household Risk Management: Evidence from India
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Barriers to Household Risk Management: Evidence from India
2013
Overview
Why do many households remain exposed to large exogenous sources of nonsystematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and nonprice factors in the adoption of an innovative rainfall insurance product. Demand is significantly price sensitive, but widespread take-up would not be achieved even if the product offered a payout ratio comparable to US insurance contracts. We present evidence suggesting that lack of trust, liquidity constraints, and limited salience are significant nonprice frictions that constrain demand.We suggest possible contract design improvements to mitigate these frictions.
Publisher
American Economic Association,Assoc
Subject
/ Elementarschadenversicherung
/ Indien
/ Landwirtschaftlicher Familienbetrieb
/ Literacy
/ Prices
/ Rain
/ Rainfall
/ Salience
/ Trust
/ Wind
