An experimental investigation of insurance decisions in low probability and high loss risk situations

被引：0
作者：
Ozlem Ozdemir
Andrea Morone
机构：
[1] Middle East Technical University,Department of Business Administration
[2] Università degli Studi di Bari,Dipartimento di Studi Aziendali e Giusprivatistici
[3] Aldo Moro,Departament d’Economia
[4] Universitat Jaune I,undefined
来源：
Journal of Economic Interaction and Coordination | 2014年 / 9卷
关键词：
Risk; Insurance; Low probability; High loss ; Experiment; C91; D81;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This experimental study investigates insurance decisions in low-probability, high-loss risk situations. Results indicate that subjects consider the probability of loss (loss size) when they make buying decisions (paying decisions). Most individuals are risk averse with no specific threshold probability.
引用
收藏
页码：53 / 67
页数：14
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