AN EMPIRICAL STUDY ON AQUACULTURE INSURANCE PURCHASE IN TAIWAN FROM A BEHAVIORAL ECONOMICS PERSPECTIVE

In Taiwan, fish farmers buying aquaculture insurance are subsidized by over 50% of the premiums, but the demand is still low. Also, there is clear pattern that if they got little claim payments this year, their incentive to insure would decrease next year, and vice versa. This paper investigates the...

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Bibliographic Details
Main Authors: Richard Lu, Min-Hsien Yang, Qiao-Ling Zeng
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2023-10-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Online Access:https://www.foodandagriculturejournal.com/vol11.no4.pp245.pdf