Natural Disasters and Individual Be - E-book

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Natural Disasters And Individual Behaviour In Developing Countries - ENG

Risk, Trust And The Demand For Microinsurance

Oliver Fiala

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Sinopsis

ISBN:	9783319539041
Formato:	Page Fidelity
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Desarrollo desarrollo económico
Año de publicación:	2017-04-04

This study investigates the complex link between natural disasters, individual behaviour â€“ in the form of an individual risk-taking propensity and level of trust â€“ 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.Â

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