Inferring Risk Perceptions and Preferences Using Choice from Insurance Menus: Theory and Evidence.
Demand for insurance can be driven by high risk aversion or high-risk. We show how to separately identify risk preferences and risk types using only choices from menus of insurance plans. Our revealed preference approach does not rely on rational expectations, nor does it require access to claims da...
| Publicado en: | Economic Journal Vol. 131; no. 634; pp. 713 - 745 |
|---|---|
| Autores principales: | , , , |
| Formato: | Artículo |
| Publicado: |
Oxford University Press / USA
Feb2021
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |