Jump to Main Content
- Cavatorta, Elisa; Pieroni, Luca
- Food policy 2013 v.43 pp. 278-290
- West Bank, etc ; behavior change; case studies; food security; insurance; issues and policy; markets; models; people; risk; Show all 10 Subjects
- ... This paper explores behavioural changes resulting from the presence of a uninsurable background risk. Due to markets incompleteness, not all risks are insurable. We empirically test the theory (and the intuition) suggesting that people bearing an uninsurable background risk are less willing to bear other insurable risks and therefore increase their demand for insurance against insurable risks. We ...