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.
| ISBN: | 9783319539034 |
| Publication date: | 11th April 2017 |
| Author: | Oliver Fiala |
| Publisher: | Springer an imprint of Springer International Publishing |
| Format: | Hardback |
| Pagination: | 195 pages |
| Series: | Contributions to Economics |
| Genres: |
Development economics and emerging economies Environmental economics Finance and the finance industry Development studies Behavioural economics |
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.
Natural Disasters and Individual Behaviour in Developing Countries features in the following genres: Development economics and emerging economies, Environmental economics, Finance and the finance industry, Development studies, Behavioural economics
Natural Disasters and Individual Behaviour in Developing Countries is available in Hardback
Natural Disasters and Individual Behaviour in Developing Countries was written by Oliver Fiala and published by Springer an imprint of Springer International Publishing
Natural Disasters and Individual Behaviour in Developing Countries has 195 pages
Yes it is part of Contributions to Economics series