The gains from insurance arise from the transfer of income across states. Yet, by requiring
that the premium be paid up front, standard insurance products also transfer income across …

Weather-related shocks are a major threat to the health and livelihoods of vulnerable
farmers and herders in low-income, arid, and semi-arid regions of the world. Index insurance …

Liquidity constraints create preferences over how insurance contracts move money across
both time and states because insurance can have a consumption-smoothing benefit. We …

The diffusion of credit cards may have relaxed households' liquidity constraints, thereby
stimulating the diffusion of commercial insurance. By investigating Chinese urban …

We study optimal insurance demand for a risk-and ambiguity-averse consumer under
ambiguity about contract nonperformance. Ambiguity aversion lowers optimal insurance …

Non-performance lies at the heart of much of the regulation that insurance companies face.
Consumers' concerns about non-performance of the insurance provider have also been …

We use a split-sample choice experiment to investigate the effects of alternative payment
modes on the purchase of flood insurance among smallholder irrigation farmers in Ghana …

Low insurance take‐up in low‐income populations is not easily explained by the standard
single‐period expected utility model of insurance that overlooks the relevance of time …

We conduct a randomized controlled trial to examine the impacts of delayed premium
payment on insurance uptake and the subsequent investment decisions among smallholder …

Microinsurance is a risk management tool for low-income households. However, its adoption
is low in Ghana. This study examines the determinants of microinsurance adoption in …