๐”– Bobbio Scriptorium
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Reliability of Risk Management: Market Insurance, Self-Insurance and Self-Protection Reconsidered

โœ Scribed by Briys, Eric ;Schlesinger, Harris ;Schulenburg, J.-Matthias Graf v. d.


Book ID
112441090
Publisher
Springer
Year
1991
Tongue
English
Weight
732 KB
Volume
16
Category
Article
ISSN
1573-6954

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The impact of self-protection and self-i
โœ Jason F. Shogren ๐Ÿ“‚ Article ๐Ÿ“… 1990 ๐Ÿ› Springer ๐ŸŒ English โš– 901 KB

We develop four experimental markets to examine how individuals respond to risk: self-protection and selfinsurance in both private and collective auctions. First, we find evidence that the mechanism used to reduce risk is important. Results indicate that the upper and lower bounds on value were elic