Insurance purchasing under ambiguity, and its applications for forest carbon offsets: an experimental study
The limitations of the expected utility theory in predicting risk preference under low probabilities have been discussed by various experimental studies. However, the ex-isting studies have not arrived at a consensus in this area. There are signs of both over-insurance and under-insurance for low-pr...
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| Format: | Others |
| Language: | en |
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McGill University
2011
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| Online Access: | http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=97116 |