Are people willing to buy natural disaster insurance in China? Risk awareness, insurance acceptance, and willingness to pay.

@article{Wang2012ArePW,
  title={Are people willing to buy natural disaster insurance in China? Risk awareness, insurance acceptance, and willingness to pay.},
  author={Ming Wang and Chuan Liao and Saini Yang and Weiting Zhao and Min Liu and Peijun Shi},
  journal={Risk analysis : an official publication of the Society for Risk Analysis},
  year={2012},
  volume={32 10},
  pages={
          1717-40
        }
}
  • Ming Wang, Chuan Liao, +3 authors P. Shi
  • Published 1 October 2012
  • Medicine, Political Science
  • Risk analysis : an official publication of the Society for Risk Analysis
After the Wenchuan earthquake (magnitude 7.9, May 12, 2008), intensive debates on how China should establish a natural disaster insurance system were initiated among researchers, policymakers, and insurance professionals. Our focus was the social aspects of disaster insurance, explored in China through a nationwide survey. Our questionnaires investigated people's risk awareness, insurance acceptance, their opinions on governmental measures for disaster management, and their willingness to pay… 
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