@misc
{TN_libero_mab2,
author = {
Cole, Shawn
Vickery, James
AND
Tobacman, Jeremy
AND
Topalova, Petia
AND
Townsend, Robert
AND
Cole, Shawn
AND
Giné, Xavier
},
title = {
Barriers to household risk management
Evidence from India
},
publisher = {The World Bank},
year = {2010},
abstract = {Why do many households remain exposed to large exogenous sources of non-systematic income risk? This paper uses a series of randomized field experiments in rural India to test the importance of price and non-price factors in the adoption of an innovative rainfall insurance product. The analysis finds that demand is significantly price-elastic, but that even if insurance were offered with payout ratios similar to US, widespread coverage would not be achieved. The paper identifies key non-price frictions that limit demand: liquidity constraints, particularly among poor households, lack of trust, and limited salience. The authors suggest potential improvements in contract design to mitigate these frictions},
address = {
Washington, D.C
},
url = {
http://slubdd.de/katalog?TN_libero_mab2
}
}