The attitude towards flood insurance purchase when respondents' preferences are uncertain: a fuzzy approach

HC Hung - Journal of Risk Research, 2009 - Taylor & Francis
Individuals may have difficulty in determining whether or not to buy insurance against low‐
probability, high‐loss events. This ambivalence would cause preference uncertainty and …

[PDF][PDF] Decision making biases in insurance purchasing

RM Sum, N Nordin - Journal of advanced research in social and …, 2018 - researchgate.net
This study discusses and explains behavioural and psychological factors influencing
decision-making under uncertainty, ie outcome of the decision is uncertain as in insurance …

Risk attitudes to low-probability climate change risks: WTP for flood insurance

WJW Botzen, JCJM van den Bergh - Journal of Economic Behavior & …, 2012 - Elsevier
Natural disasters may increase in frequency and severity in the future as a result of climate
change, which is likely to have an impact on the demand for natural disaster insurance …

The effect of risk perception on the willingness to purchase hazard insurance—A case study in the Three Gorges Reservoir region, China

F Yang, J Tan, L Peng - International Journal of Disaster Risk Reduction, 2020 - Elsevier
Natural hazard insurance is widely recognized as an implement for reducing risk to adverse
environmental change such as mountain hazards. Rural households' willingness to …

Determinants of probability neglect and risk attitudes for disaster risk: An online experimental study of flood insurance demand among homeowners

PJ Robinson, WJW Botzen - Risk Analysis, 2019 - Wiley Online Library
Little is known about why individuals place either a high or a very low value on mitigating
risks of disaster‐type events, like floods. This study uses panel data methods to explore the …

When do people feel more risk? The effect of ambiguity tolerance and message source on purchasing intention of earthquake insurance

D Zhu, X Xie, J Xie - Journal of Risk Research, 2012 - Taylor & Francis
The present study explored the impact of message source and ambiguity tolerance (AT) on
risk perception and purchasing intention of earthquake insurance. Two months after …

[PDF][PDF] Decision making under risk: applications to insurance purchasing

J Shanteau, B Hall - Advances in consumer research, 1992 - researchgate.net
The purpose of this paper is to provide an overview of psychological research on decision
making under risk, with an emphasis on insurance behavior. This research approach has …

Flood insurance demand and probability weighting: The influences of regret, worry, locus of control and the threshold of concern heuristic

PJ Robinson, WJW Botzen - Water Resources and Economics, 2020 - Elsevier
Low-lying densely populated areas can be susceptible to flooding due to extreme river
discharges. Insurance may be used to spread flood risk and reduce potential material …

The impact of regret and worry on the threshold level of concern for flood insurance demand: Evidence from Dutch homeowners

PJ Robinson, WJW Botzen - Judgment and Decision making, 2018 - cambridge.org
It has been argued that individuals behave according to a threshold level of concern
decision rule when considering protection against risk: if the perceived probability of the risk …

Investigation on the model of consumers' perceived risk—integrated viewpoint

WB Lin - Expert Systems with Applications, 2008 - Elsevier
This research integrated internal and external clues and proposed the model of consumers'
perceived risk. The population of this research was the A level travel agency in Taiwan. The …