Near-losses in insurance markets: An experiment
(2019)
Journal Article
Heinrich, T., Seifert, M., & Then, F. (2020). Near-losses in insurance markets: An experiment. Economics Letters, 186, Article 108781. https://doi.org/10.1016/j.econlet.2019.108781
Several studies report changes in risk attitudes following losses that have been nearly averted. We disentangle strategic and non-strategic reactions to such near-loss events experimentally. We ob-serve that near-losses affect the demand for insuranc... Read More about Near-losses in insurance markets: An experiment.