Title charges include title insurance premiums and often charges for closing or settling a loan. Title insurance premiums vary considerably across metropolitan areas, from an average of $700 in Des Moines, Iowa, to $2,190 in New York City. Housing market institutions and regulations explain some, but not all, of this variation. The other charges vary as well. This report attempts to explain the...

The growth of private medical care in Sweden has occurred despite the lack of overt encouragement by the long-term Social Democrat government. This can be documented from official government statistics, private insurance sales, media sources, membership growth in the private doctors association, purchase of private risk insurance, growth of private health care organizations and services, and pa...

We use insurance behavior as a context to study affective influences in seemingly purely monetary decisions. We report two related findings. First, people are more willing to purchase insurance for an object at stake, the more affection they have for the object, holding the amount of compensation constant. Second, if the object is damaged, people are also more willing to go through the trouble ...

BACKGROUND Under the current healthcare system in China, there is no government-sponsored health insurance program for children. Children from families who move from rural and interior regions to large urban centres without a valid residency permit might be at higher risk of being uninsured due to their low socioeconomic status. We conducted a survey in Shanghai to describe children's health in...

This paper examines the characteristics that determine demand for micro-insurance when individuals have personal or observed experience with a rare weather event: the severe 2010 flooding in Pakistan. Using a sample of 384 individuals (192 in floodaffected and 192 non-affected villages matched using pre-flood propensity data), we combine post-flood survey data with behavioral experiments, to te...

This essay analyzes the market demand by eligible participants for in-kind transfer payments of the type that reduce the free market price participants would otherwise have to pay for the product being subsidized. Examples are the Food Stamp Program, public housing programs, and such proposed programs as rent subsidy and health co-insurance programs. Two common forms for such programs are analy...

creating confidence in the stock market through a secure environment is one of the main achievements of stock markets in the world. in the stock markets of developed countries, there are markets which provide confidence and reduce the risks resulting from the fluctuation of share prices. these markets are called “stock transaction choice markets”. while comparing stock transaction choice contra...

Over the past two decades, numerous proposals have been advanced for the establishment of a premium support system for Medicare. Under such a program, beneficiaries would purchase health insurance from one of a number of competing plans, and the federal government would pay part of the cost of the coverage. The various proposals have differed in many respects, including the way in which the fed...

“[Most people would] prefer to live as short a time as possible, once they have become permanently and seriously demented, but think it important not to suffer pain or indignity so long as they do live. . . . People would purchase only enough insurance coverage to provide minimum conditions of dignity, and to relieve pain; they would not seek to ensure funds, at the greatly increased premium ch...