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• W2800372857 abstract "In this study, using data from lab-in-the-field experiment, we explore whether the introduction of weather index insurance crowds in or crowds out social capital in northern Ethiopia. We use contributions in the public good game as a measure of social capital. We find that weather index insurance crowds out social capital. The free-riding problem created by the positive externality of weather index insurance and development of self-sufficiency behaviour are found to be the causal mechanisms behind the crowding out phenomenon. Our results indicate that formal insurance mechanisms do not occur in a vacuum and may have unintended effects. Hence, this study suggests that novel insurance product design and marketing strategies should be used to ameliorate such unintended effects." @default.
• W2800372857 created "2018-05-17" @default.
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• W2800372857 date "2018-02-19" @default.
• W2800372857 modified "2023-09-25" @default.
• W2800372857 title "The effect of weather index insurance on social capital: Experimental evidence from Ethiopia" @default.
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• W2800372857 hasPublicationYear "2018" @default.
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