Quite apart from considerations of altruism, discuss why insurance among members of anextended family is more likely

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Quite apart from considerations of altruism, discuss why insurance among members of an extended family is more likely than insurance among a group of strangers of the same size and occupational composition.

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Development Economics

ISBN: 9780691017068

1st Edition

Authors: Debraj Ray

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Question Posted: Dec 16, 2023 01:05 AM

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Quite apart from considerations of altruism, discuss why insurance among members of anextended family is more likely

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Insurance among members of an extended family is more likely compared to insurance among a group of strangers of the same size and occupational composition due to several factors 1 Shared Risk Members ...View the full answer

Development Economics

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