Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060644 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Derives relation between optimism, insurance demand and loss probability. ⺠Devises and implements experiment to investigate the relationship. ⺠The higher the demand to insure against failing in the experimental task, the more realistic are performance forecasts. ⺠Subjects holding travel insurance have more realistic performance forecasts. ⺠Findings imply heterogeneous dispositional optimism offsets adverse selection.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Marta Coelho, David de Meza,