Doctoral Dissertation Research in Decision, Risk, and Management Science

这个博士论文改进奖是为了支持 研究的目的是了解个人如何 制定和决定保险作为一种形式， 低概率高后果的财务保护 事件 成年人将接受采访，就三种不同的保险 决策 这项研究的目的是在概念上复制 著名Kunreuther（1978）关于人们如何制造危险的研究 （洪水和地震）保险决策。 这涉及 基于主观预期效用（SEU）的测试模型， 信息扩散理论，后者已被 假设是更准确的。 研究 目标是（1）测试信息扩散是否 （2）其他保险类型的保险; 当改善反应诱导时，SEU是否能更好地预测 方法使用，（3）确定人们是否使用一致的 在考虑不同类型保险时， 在 此外，该项目将研究消费者的直观 保险的定义（及其目的），对保险的信念， 保险制度和预算约束预测消费者的 决策

This Doctoral Dissertation Improvement Award is to support research whose objective is to understand how individuals formulate and make decisions about insurance as a form of financial protection against low probability but high consequence events. Adults will be interviewed regarding three different insurance decisions. The study is designed as a conceptual replication of the well-known Kunreuther (1978) study of how people make hazard (flood and earthquake) insurance decisions. This involves testing models based upon Subjective Expected Utility (SEU) and information diffusion theories, that latter of which has been hypothesized to be descriptively more accurate. The research objectives are to (1) test whether the information diffusion theory generalizes to other types of insurance, (2) determine whether SEU predicts better when improved response elicitation methods are used, and (3) determine whether people use consistent strategies when considering different kinds of insurance. In addition, the project will examine whether consumers' intuitive definitions of insurance (and its purposes), beliefs about the insurance system, and budget constraints predict consumers' decisions.