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Replication Data for: Social Networks and the Decision to Insure

Harvard Dataverse (Africa Rice Center, Bioversity International, CCAFS, CIAT, IFPRI, IRRI and WorldFish)

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Title Replication Data for: Social Networks and the Decision to Insure
 
Identifier https://doi.org/10.7910/DVN/CXDJM0
 
Creator Cai, Jing
De Janvry, Alain
Sadoulet, Elisabeth
 
Publisher Harvard Dataverse
 
Description Using data from a randomized experiment in rural China, we study the influence of social networks on weather insurance adoption and the mechanisms through which they operate. To quantify network effects, the experiment provides intensive information sessions about the product to a random subset of farmers. For untreated farmers, the effect of having an additional treated friend on take-up is equivalent to granting a 13 percent reduction in the insurance premium. By varying the information available about peers' decisions and randomizing default options, we show that the network effect is driven by the diffusion of insurance knowledge rather than purchase decisions.
 
Subject Social Sciences
 
Contributor Parrado, Andres
 
Type Sample survey data