Insurance, Public Intervention, and Ambiguity: An Experimental Study of Private Forest Owners (notice n° 1840969)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01837cam a2200265 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20260329005155.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Brunette, Marielle |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Insurance, Public Intervention, and Ambiguity: An Experimental Study of Private Forest Owners |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2009.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 70 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This article examines the effect of public compensation programs on the insurance behavior of private forest owners. We analyze the impact of three types of public programs currently used in some European countries: flat-rate aid, contingent flat-rate aid, and insurance subsidy. We also analyze the impact of ambiguity concerning the probability of risk occurrence on insurance demand. We begin by formulating theoretical predictions about the effects of public programs and ambiguity on insurance demand. We then test these predictions on forest owners. The results of our experiment confirm our predictions. Flat-rate aid and insurance subsidies do indeed reduce forest owners’ insurance demand. Contingent flat-rate aid generates a smaller reduction in insurance demand than non-contingent flat-rate aid. Forest owners are also more willing to pay for insurance in an ambiguous context than in a risky one. This finding confirms our prediction that forest owners are ambiguity-averse. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | ambiguity |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | experimental economics |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | forest |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | insurance |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | public program |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | risk |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Cabantous, Laure |
| Relator term | author |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Couture, Stéphane |
| Relator term | author |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Stenger, Anne |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Economie & prévision | o 190-191 | 4 | 2009-12-28 | p. 123-134 | 0249-4744 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2009-4-page-123?lang=en&redirect-ssocas=7080">https://shs.cairn.info/journal-economie-et-prevision-1-2009-4-page-123?lang=en&redirect-ssocas=7080</a> |
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