Formation mechanism of residents' intention to purchase commercial health insurance: the moderating effect of environmental pollution perception

D Sun, W Chen, X Dou - Journal of Public Health, 2024 - Springer
Aim With the development of the social economy, commercial health insurance in China has
gradually been recognized by residents, but it is still in the initial stage of the market. To …

Wealth and insurance choices: Evidence from US households

MJ Gropper, CM Kuhnen - 2021 - nber.org
Theoretically, wealthier people should buy less insurance, and should self-insure through
saving instead, as insurance entails monitoring costs. Here, we use administrative data for …

Impact of consequence information on insurance choice

A Samek, JR Sydnor - 2020 - nber.org
Insurance choices are often hard to rationalize by standard theory and frequently appear
suboptimal. A key reason may be that people are unable to map the cost-sharing features of …

Probability weighting and insurance demand in a unified framework

JG Jaspersen, R Peter, MA Ragin - The Geneva Risk and Insurance …, 2023 - Springer
We provide a comprehensive analysis of the impact of probability weighting on optimal
insurance demand in a unified framework. We identify decreasing relative overweighting as …

Do time preferences explain low health insurance take‐up?

A Baillon, O O'Donnell, S Quimbo… - Journal of Risk and …, 2022 - Wiley Online Library
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 …

On the change of risk aversion in wealth: a field experiment in a closed economic system

T Huber, JG Jaspersen, A Richter, D Strümpel - Experimental Economics, 2023 - Springer
How does risk aversion change in wealth? To answer this question, we implemented a field
experiment in the form of a free-to-play mobile game. Players made lottery choices at …

Insurance decisions under nonperformance risk and ambiguity

TR Lambregts, P Van Bruggen, H Bleichrodt - Journal of risk and …, 2021 - Springer
An important societal problem is that people underinsure against risks that are unlikely or
occur in the far future, such as natural disasters and long-term care needs. One explanation …

[HTML][HTML] Deductibles and health care utilization: An experiment on the role of forward-looking behavior

GW Harrison, N Kairies-Schwarz, J Han - Journal of Economic Behavior & …, 2024 - Elsevier
We investigate the effects of nonlinear deductible contracts on health utilization behavior by
using a laboratory experiment in which we can control the likelihood of hitting the deductible …

[HTML][HTML] Ownership of Cash Value Life Insurance among Rural Households: Utilization of Machine Learning Algorithms to Find Predictors

W Heo, EJ Kwak, J Grable, HJ Park - Mathematics, 2024 - mdpi.com
This study examines the determinants of life insurance ownership with a focus on rural areas
and farming households in the United States. Utilizing data from online surveys conducted in …

Risk preferences and risk perceptions in insurance experiments: some methodological challenges

GW Harrison - The Geneva Risk and Insurance Review, 2024 - Springer
The ability to run experiments, or to see natural data as a quasi-experiment, does not free
one from the need for theory when evaluating insurance behavior. Theory can be used to …