Corpus ID: 53365630

Insurance and Solidarity

@inproceedings{Lenel2016InsuranceAS,
  title={Insurance and Solidarity},
  author={Friederike Lenel and S. Steiner},
  year={2016}
}
People often exhibit strong solidarity with their peers and transfer money when others are in need. We investigate whether or not such solidarity is conditional on the insurance uptake of the needy. We conduct a lab-in-the field experiment in Cambodia. Half of the subjects, the recipients, face the risk to lose a large proportion of their endowment. We vary whether or not recipients can purchase an insurance before the loss is determined and whether or not they are aware that someone else, the… Expand
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