Insurance for the Poor: the Case of Informal Insurance Groups in Benin
研究了贝宁城市地区存在的非正式保险组织，描述其运作规则，并利用原始数据分析个人特征如何影响加入这些组织的可能性和保险选择。
Abstract This article studies indigenous insurance groups using evidence from urban areas in Benin. Many of these informal institutions co-exist within neighbourhood distance. They are based on well-defined rules and regulations, offering premium-based insurance for funeral expenses, as well as other forms of insurance and credit to cope with hardships. We first provide a description of these groups. We then investigate, with the help of an original dataset, which individual characteristics are significant in explaining both the likelihood of joining such groups and the choice of insurance coverage.