Memory, Risk Aversion, and Nonlife Insurance Consumption: Evidence from Emerging and Developing Markets

Policymakers in developing and emerging countries are facing higher risk that is related to natural disasters in comparison to developed ones because of persistent problem of supply-side bottleneck for disaster insurance. Additionally, lower insurance consumption, higher disaster risk, and high inco...

Full description

Bibliographic Details
Main Authors: Ashu Tiwari, Archana Patro
Format: Article
Language:English
Published: MDPI AG 2018-12-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/6/4/145