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Natural Disasters and Individual Behaviour in Developing Countries

Natural Disasters and Individual Behaviour in Developing Countries

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783319539034
Condition
New
Product Description

This study investigates the complex link between natural disasters, individual behaviour in the form of an individuals risk-taking propensity and level of trust and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and climate change as they affect their development processes and set back poverty reduction efforts. Using a unique data set for rural Cambodia based on a survey, experimental games and a discrete choice experiment, the study highlights the importance of perceptions, expectations and psychological factors in decision-making processes with substantial consequences for long-term economic perspectives and poverty alleviation.

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