Rationality or 'Gut Feelings': What Drives Insurance Demand?

AbstractIn the absence of formal risk management strategies, agricultural production in China is highly vulnerable to climate change. In this study, field experiments were conducted with 344 households in Heilongjiang (Northeast China) and Jiangsu (East China) Provinces. Probit and logistic models and independent sample T-test were used to explore farmers’ demand for weather index insurance, in contrast to informal risk management strategies, and the main factors that affect demand. The results show that the farmers prefer weather index insurance to informal risk management strategies, and farmers’ characteristics have significant impacts on their adoption of risk management strategies. The variables non-agricultural labor ratio, farmers’ risk perception, education, and agricultural insurance purchase experience significantly affect farmers’ weather index insurance demand. The regression results show that the farmers’ weather index insurance demand and the influencing factors in the two provinces are different. Farmers in Heilongjiang Province have a higher participation rate than those in Jiangsu Province. The government should conduct more weather index insurance pilot programs to help farmers understand the mechanism, and insurance companies should provide more types of weather index insurance to meet farmers’ diversified needs.

Download Full-text

Thinking with your stomach? Gut feelings on microbiome modulation of brain structure and function (Commentary on Luczynski et al .)

European Journal of Neuroscience ◽

10.1111/ejn.13399 ◽

2016 ◽

Vol 44 (9) ◽

pp. 2652-2653 ◽

Cited By ~ 1

Author(s):

Anthony J. Hannan

Keyword(s):

Brain Structure ◽

Structure And Function ◽

Gut Feelings ◽

Brain Structure And Function ◽

And Function

Download Full-text

Predicting insurance demand from risk attitudes

Journal of Risk & Insurance ◽

10.1111/jori.12342 ◽

2021 ◽

Author(s):

Johannes G. Jaspersen ◽

Marc A. Ragin ◽

Justin R. Sydnor

Keyword(s):

Risk Attitudes ◽

Insurance Demand

Download Full-text

Determinants Of Non-Life Insurance Demand In The MENA Region

10.34276/1822-011-001-024 ◽

2021 ◽

pp. 481

Author(s):

Meriem Mansri ◽

Billel Benilles

Keyword(s):

Life Insurance ◽

Mena Region ◽

Insurance Demand ◽

Life Insurance Demand

Download Full-text

Suspicion

10.1215/9781478022251 ◽

2021 ◽

Author(s):

Nicole Charles

Keyword(s):

Cervical Cancer ◽

Science And Technology Studies ◽

Black Diaspora ◽

Vaccine Hesitancy ◽

Feminist Studies ◽

Award Recipient ◽

Vaccine Refusal ◽

Entry Points ◽

Gut Feelings ◽

Duke University

In 2014 Barbados introduced a vaccine to prevent certain strains of the human papillomavirus (HPV) and reduce the risk of cervical cancer in young women. Despite the disproportionate burden of cervical cancer in the Caribbean, many Afro-Barbadians chose not to immunize their daughters. In Suspicion, Nicole Charles reframes Afro-Barbadian vaccine refusal from a question of hesitancy to one of suspicion. Drawing on ethnographic fieldwork, black feminist theory, transnational feminist studies and science and technology studies, Charles foregrounds Afro-Barbadians' gut feelings and emotions and the lingering trauma of colonial and biopolitical violence. She shows that suspicion, far from being irrational, is a fraught and generative affective orientation grounded in concrete histories of mistrust of government and coercive medical practices foisted on colonized peoples. By contextualizing suspicion within these longer cultural and political histories, Charles troubles traditional narratives of vaccine hesitancy while offering new entry points into discussions on racialized biopolitics, neocolonialism, care, affect, and biomedicine across the Black diaspora. Duke University Press Scholars of Color First Book Award recipient

Download Full-text