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Evidence of Demand for Index Insurance: Experimental Games and Commercial Transactions in Ethiopia
Abstract We present results of experimental games with smallholder farmers in Tigray, Ethiopia, in 2010, in which participants in the games allocated money across risk management options. One of theExpand
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Investigating Demand for Weather Index Insurance: Experimental Evidence from Ethiopia
There is much interest in weather index insurance as a poverty‐mitigating tool, but concerns persist about potential demand for the product among the poorest of the poor. This paper relates theExpand
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A Better Trigger: Indices for Insurance
TLDR
Index triggers have enabled the extension of insurance to a wide range of risks, by providing a simple mechanism to determine payment. Expand
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Evaluating Sovereign Disaster Risk Finance Strategies: A Framework
This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to governments for funding disaster losses. The framework can be used by governments toExpand
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Evaluating Sovereign Disaster Risk Finance Strategies: A Framework
This paper proposes a framework for ex ante evaluation of sovereign disaster risk finance instruments available to governments for funding disaster losses. The framework can be used by governments toExpand
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Insurance design in the presence of safety nets
Safety net assistance and insurance exist to manage risk and improve welfare. This shared goal may lead to crowding out. In a new approach, this paper analyzes the interaction of assistance with twoExpand
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The Better Trigger: Insuring Against Disaster Risk
Index triggers have enabled the extension of insurance to disaster risks by providing a simple mechanism to determine insurance payment. Disaster risks are notoriously difficult to insure against dueExpand
Sovereign disaster risk financing and insurance impact appraisal
Abstract The combination of increasing vulnerability and intensity of natural disasters has led to severe humanitarian impacts in recent years. The uncertainty of environmental change and growingExpand
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Learning in Rare Risks and Asset Price Implications
The impact of rare risks such as natural disasters, terrorism and epidemics are an increasing force in society. Unlike the case of common risks, our inexperience in rare risks creates di ering viewsExpand