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