Investigating Demand for Weather Index Insurance: Experimental Evidence from Ethiopia
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There is much interest in weather index insurance as a poverty‐mitigating tool, but concerns persist about potential demand for the product among the poorest of the poor. This paper relates the experiences in rural areas of Tigray region, Ethiopia through both commercial sign‐up data and a series of experimental games conducted to test demand for weather index insurance. Demand was observed to be considerable in both.