The purpose of this thesis is to analyze some of the major element that could influence individuals in their decision about insurance coverage. Between the aforementioned factors correlated with insurance demand there are: • risk aversion and the expected utility paradigm, which will be developed in the first section, • ambiguity aversion, the focus of Chapter 2, • the effect of regret, analyzed in Chapter 3, and • the effect of loss aversion, the aim of Chapter 4.
The Behavioral Economics of Insurance Decision
GUALCHI, SAMUELE
2021/2022
Abstract
The purpose of this thesis is to analyze some of the major element that could influence individuals in their decision about insurance coverage. Between the aforementioned factors correlated with insurance demand there are: • risk aversion and the expected utility paradigm, which will be developed in the first section, • ambiguity aversion, the focus of Chapter 2, • the effect of regret, analyzed in Chapter 3, and • the effect of loss aversion, the aim of Chapter 4.File in questo prodotto:
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