Insuring well-being ? buyer's remorse and peace of mind effects from insurance (English)

This paper estimates the causal effects of index insurance coverage on subjective well-being among livestock herders in southern Ethiopia. The randomization of incentives to purchase index-based livestock insurance and three rounds of panel data are exploited to separately identify ex ante welfare gains from insurance that reduces risk exposure and ex post buyer's remorse effects that may arise after the resolution of uncertainty. Insurance coverage...

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Author

Hirfrfot,Kibrom Tafere;

Barrett,Christopher B.;

Lentz,Erin;

Ayana,Birhanu T.;
Document Date
2017/11/27
Document Type
Policy Research Working Paper
Report Number
WPS8256
Volume No
1
Total Volume(s)
1
Country
Ethiopia,
Region
Eastern and Southern Africa,
Disclosure Date
2017/11/27
Disclosure Status
Disclosed
Doc Name
Insuring well-being ? buyer's remorse and peace of mind effects from insurance
Keywords
discount coupon

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Citation

Hirfrfot,Kibrom Tafere; Barrett,Christopher B.; Lentz,Erin; Ayana,Birhanu T..

Insuring well-being ? buyer's remorse and peace of mind effects from insurance (English). Policy Research working paper|no. WPS 8256 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/747921511792941207

Insuring well-being ? buyer's remorse and peace of mind effects from insurance (English)

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