Natural Disasters and Individual Behaviour in Developing Countries : Risk, Trust and the Demand for Microinsurance
Softcover reprint of the original 1st ed. 2017
by
Oliver Fiala
Book Details
Format
Paperback / Softback
Book Series
Contributions to Economics
ISBN-10
331985271X
ISBN-13
9783319852713
Edition
Softcover reprint of the original 1st ed. 2017
Publisher
Springer International Publishing AG
Imprint
Springer International Publishing AG
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 8th, 2018
Print length
195 Pages
Ksh 18,000.00
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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.
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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