The Price of Avoiding Minor Financial Loss
Sydnor, Justin. “(Over)insuring Modest Risks.” American Economic Journal: Applied Economics, October 2010, vol. 2, issue 4, pp. 177-199.
An earlier version can be found on Sydnor's website at https://www.dropbox.com/s/3jrj1710m394e2s/sydnor_AEJApplied2010.pdf
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