Kontakt
Wie einkaufen
Versand
Kaufberater
Insurance Purchasing under Ambiguity
Englisch
127 b
Bis zu 30 Tage Rückgaberecht
Kunden kauften auch
/
Broschur
30.49
€
/
Broschur
8.09
€
This work addresses the limitations of the expected utility theory in predicting risk preference under low probabilities. This topic has particularly not been addressed before when ambiguity is coupled with low probability estimates. The reader will find a theoretical analysis of ambiguity aversion when individuals purchase insurance for low-probability loss events. The topic has been looked into under the light of forest carbon offsets and the need for insurance for unavoidable losses of the sequestrated carbon. That is because wildfire losses have small probabilities of occurrence and are associated with ambiguity. The growing importance of using biological sinks toward emissions reduction only heighten the significance of this topic. The book also offers an experimental design involving three phases, including a replica of a previous study on insurance behaviour, the addition of the ambiguity factor, and two methods of measuring ambiguity preference. This book is particularly useful for experimental and environmental economists, and anyone interested in government policies pertaining carbon offsets.
Informationen zum Buch
Englisch
Verschenken Sie dieses Buch noch heute
Es ist ganz einfach
1 Legen Sie das Buch in Ihren Warenkorb und wählen Sie den Versand als Geschenk 2 Wir schicken Ihnen umgehend einen Gutschein 3 Das Buch wird an die Adresse des beschenkten Empfängers geliefertDas könnte Sie auch interessieren
/
Hardcover
215.89
€
/
Hardcover
45.59
€
Hallo! Ich bin Libroamiko, dein Buchberater.
Wie kann ich dir helfen?