Valuing Protection against Low Probability, High Loss Risks: Experimental Evidence
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More about this item
Keywordsexperiments; risk; insurance;
- C91 - Mathematical and Quantitative Methods - - Design of Experiments - - - Laboratory, Individual Behavior
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2007-01-02 (All new papers)
- NEP-CBE-2007-01-02 (Cognitive & Behavioural Economics)
- NEP-EXP-2007-01-02 (Experimental Economics)
- NEP-IAS-2007-01-02 (Insurance Economics)
- NEP-UPT-2007-01-02 (Utility Models & Prospect Theory)
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