Natural Disasters and Individual Behaviour in Developing Countries

Risk, Trust and the Demand for Microinsurance

  • Oliver Fiala

Part of the Contributions to Economics book series (CE)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Oliver Fiala
    Pages 1-3
  3. Oliver Fiala
    Pages 165-166
  4. Back Matter
    Pages 167-195

About this book


This study investigates the complex link between natural disasters, individual behaviour – in the form of an individual’s risk-taking propensity and level of trust – and the demand for microinsurance. Developing countries are particularly vulnerable to the impacts of natural hazards and climate change as they affect their development processes and set back poverty reduction efforts. Using a unique data set for rural Cambodia based on a survey, experimental games and a discrete choice experiment, the study highlights the importance of perceptions, expectations and psychological factors in decision-making processes with substantial consequences for long-term economic perspectives and poverty alleviation. 


Developing Countries Natural Hazards Cambodia Experimental Games Discrete Choice Experiment Poverty Alleviation Social Trust Microinsurance Climate change impacts

Authors and affiliations

  • Oliver Fiala
    • 1
  1. 1.Faculty of Business and EconomicsTU DresdenDresdenGermany

Bibliographic information