Near-losses in insurance markets : an experiment

Please use this identifier to cite or link to this item: https://doi.org/10.15480/882.4666

Publisher DOI:	10.1016/j.econlet.2019.108781
Title:	Near-losses in insurance markets : an experiment
Language:	English
Authors:	Heinrich, Timo Seifert, Matthias Then, Franziska
Keywords:	Insurance; Markets; Near-losses; Near-miss events; Strategic uncertainty
Issue Date:	13-Dec-2019
Publisher:	Elsevier
Source:	Economics Letters 186: 108781 (2020)
Abstract (english):	Several studies report changes in risk taking subsequent to experiencing near-loss events. We disentangle strategic and non-strategic reactions to such near-losses experimentally. We observe that near-losses affect the supply and demand for insurance under strategic uncertainty but not individual evaluations.
URI:	http://hdl.handle.net/11420/9069
DOI:	10.15480/882.4666
ISSN:	0165-1765
Journal:	Economics letters
Document Type:	Article
License:	CC BY-NC-ND 4.0 (Attribution-NonCommercial-NoDerivatives)
Appears in Collections:	Publications with fulltext