IDEAS home Printed from https://ideas.repec.org/a/cai/ecoldc/ecop_190_0123.html

Assurance, intervention publique et ambiguïté : une étude expérimentale auprès de propriétaires forestiers privés

Author

Listed:
  • Marielle Brunette
  • Laure Cabantous
  • Stéphane Couture
  • Anne Stenger

Abstract

This article examines the effect of public compensation programs on the insurance behavior of private forest owners. Weanalyze the impact of three types of public programs currently used in some European countries : flat-rate aid, contingentflat-rate aid, and insurance subsidy. We also analyze the impact of ambiguity concerning the probability of risk occurrenceon insurance demand. We begin by formulating theoretical predictions about the effects of public programs andambiguity on insurance demand. We then test these predictions on forest owners. The results of our experiment confirmour predictions. Flat-rate aid and insurance subsidies do indeed reduce forest owners? insurance demand. Contingentflat-rate aid generates a smaller reduction in insurance demand than non-contingent flat-rate aid. Forest owners are alsomore willing to pay for insurance in an ambiguous context than in a risky one. This finding confirms our prediction thatforest owners are ambiguity-averse.

Suggested Citation

  • Marielle Brunette & Laure Cabantous & Stéphane Couture & Anne Stenger, 2009. "Assurance, intervention publique et ambiguïté : une étude expérimentale auprès de propriétaires forestiers privés," Economie & Prévision, La Documentation Française, vol. 0(4), pages 123-134.
  • Handle: RePEc:cai:ecoldc:ecop_190_0123
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOP_190_0123
    Download Restriction: free

    File URL: http://www.cairn.info/revue-economie-et-prevision-1-2009-4-page-123.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guibril Zerbo, 2024. "Disposition à payer pour l’assurance contre les risques naturels: une étude de terrain au Burkina Faso," EconomiX Working Papers 2024-7, University of Paris Nanterre, EconomiX.
    2. Marielle Brunette, 2011. "Une application du Processus de Décision de Markov au secteur forestier : risque de production, de prix et perte de qualité," Post-Print hal-01000606, HAL.
    3. Marielle Brunette & Marc Hanewinkel, 2021. "Assurance financière et assurance naturelle : une application à la forêt," Working Papers of BETA 2021-28, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    4. Guibril Zerbo, 2024. "Arbitrage entre assurance et auto-assurance contre les risques naturels," EconomiX Working Papers 2024-30, University of Paris Nanterre, EconomiX.
    5. Marielle Brunette & Stéphane Couture & Serge S. Garcia, 2011. "Determinants of insurance demand against forest fire risk: Evidence from experimental and real world data," Post-Print hal-01191123, HAL.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:ecoldc:ecop_190_0123. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-economie-et-prevision.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.