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Behavioral weather insurance: Applying cumulative prospect theory to agricultural insurance design under narrow framing
Experience across many countries shows that, without large premium subsidies, crop insurance uptake rates are generally low. In this article, we propose to use the cumulative prospect theory to design weather insurance products for situations in which farmers frame insurance narrowly as a stand-alon...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Public Library of Science
2020
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7194365/ https://www.ncbi.nlm.nih.gov/pubmed/32357184 http://dx.doi.org/10.1371/journal.pone.0232267 |