Insurance-linked lotto

Keyphrases

• Demand for Insurance 50%
• Expected Utility 25%
• Expected Utility Model 25%
• Government Intervention 25%
• Government Objectives 25%
• Individual Preferences 25%
• Individual Welfare 25%
• Insurance 100%
• Insurance Coverage 25%
• Lotto 100%
• Rank-dependent Utility 50%
• Tools of Government 25%
• Utility Framework 25%
• Well-being 25%
• Willingness to Buy 25%
• Winning Probability 25%

Economics, Econometrics and Finance

• State Intervention 100%
• Welfare 100%