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Analyzing factors affecting risk aversion: Case of life insurance data in Korea
This research employs machine learning analysis on extensive data from a prominent Korean life insurance company to substantiate the insurance demand theory, which posits that insurance demand increases with risk aversion. We quantitatively delineate the traits of risk-averse individuals. Our study...
Autores principales: | Lim, Sehyun, Oh, Taeyeon, Ngayo, Guy |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10565772/ https://www.ncbi.nlm.nih.gov/pubmed/37829817 http://dx.doi.org/10.1016/j.heliyon.2023.e20697 |
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