Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
Please note that all times are shown in the time zone of the conference. The current conference time is: 24th Aug 2026, 01:53:35am WEST
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Daily Overview |
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Adaptation to Natural Disasters Location: B136 Session Chair: Marie Bruguet, Université Paris Dauphine-PSL | |
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Stated and realized demand for parametric rainfall insurance among rice farmers in Vietnam RWI - Leibniz Institute for Economic Research, Germany We study stated and realized demand for a parametric rainfall insurance product among rice-farming households in Vietnam’s Mekong Delta. Our database is a new household survey conducted among 3,000 rice-farming households. Eliciting willingness-to-pay (WTP), we find that survey respondents express a substantial stated demand for protection against excessive rainfall. Thirty-three and 18 percent report a WTP of at least half the market price and the market price, respectively. However, when subsequently offered the same product by insurance agents at a subsidized price below the respondent’s stated WTP, none of the survey respondents purchased insurance. We analyze determinants of stated demand and discuss potential explanations for the gap between stated and realized demand. | |