Contributions to the Economics of Index Based Insurance Schemes

Index based insurance schemes can play a vital role in insuring poor people in developing countries against a multitude of risk. However, the concept doesn’t go along without any obstacles. Matthias Rödl provides a theoretical framework of index based insurance schemes and further highlights where the latter distinguishes from a classic indemnity insurance. Thereby, scholars can gain a comprehensive theoretical insight into the topic, while practitioners are enabled to identify and understand fundamental challenges for their project upfront as well as to foster sound solutions.

Contents

• Demand and Supply
  
• Self-Insurance
  
• Moral Hazard and Group Sample Observation
  

Target Groups

• Researchers and students in the fields of insurance theory and microfinance
  
• Practitioners in the areas of microfinance and development aid
  

The Author

Dr. Matthias Rödl wrote his dissertation under the supervision of Prof. Dr. Peter-J. Jost at the chair of organization theory at WHU - Otto Beisheim School of Management, Vallendar. He picked up the idea for his dissertation during his time as a microfinance expert in India. Nowadays he lives in Germany working as a finance professional.