Selling Formal Insurance to the Informally Insured
Abstract
This research examines whether the existence of informal insurance crowds out the market for formal insurance, and in the process, provides a rich characterization of the multiple ways that formal insurance products and informal risk sharing networks interact in the market
Citation
Mobarak, A.M.; Rosenzweig, M. Selling Formal Insurance to the Informally Insured. (2012) 2 pp.
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