Implications of Endogenous Group Formation for Efficient Risk-Sharing
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- De Weerdt, Joachim & Dercon, Stefan, 2006.
"Risk-sharing networks and insurance against illness,"
Journal of Development Economics, Elsevier, vol. 81(2), pages 337-356, December.
- Stefan Dercon & Joachim De Weerdt, 2002. "Risk-sharing networks and insurance against illness," CSAE Working Paper Series 2002-16, Centre for the Study of African Economies, University of Oxford.
- Stefan Dercon & Joachim de Weerdt, 2004. "Risk-Sharing Networks And Insurance Against Illness," Development and Comp Systems 0409019, University Library of Munich, Germany.
- Ethan Ligon & Jonathan P. Thomas & Tim Worrall, 2002. "Informal Insurance Arrangements with Limited Commitment: Theory and Evidence from Village Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 69(1), pages 209-244.
- McGrattan, Ellen R., 1996.
"Solving the stochastic growth model with a finite element method,"
Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 19-42.
- Ellen R. McGrattan, 1993. "Solving the stochastic growth model with a finite element method," Staff Report 164, Federal Reserve Bank of Minneapolis.
- Albert Marcet & Ramon Marimon, 2019.
"Recursive Contracts,"
Econometrica, Econometric Society, vol. 87(5), pages 1589-1631, September.
- Albert Marcet & Ramon Marimon, 1994. "Recursive contracts," Economics Working Papers 337, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 1998.
- Albert Marcet and Ramon Marimon, 2011. "Recursive Contracts," Working Papers 552, Barcelona School of Economics.
- Marcet, Albert & Marimon, Ramon, 2011. "Recursive contracts," LSE Research Online Documents on Economics 121737, London School of Economics and Political Science, LSE Library.
- Albert Marcet & Ramon Marimon, 2011. "Recursive Contracts," CEP Discussion Papers dp1055, Centre for Economic Performance, LSE.
- Albert Marcet & Ramon Marimon, 2011. "Recursive Contracts," Economics Working Papers ECO2011/15, European University Institute.
- Marcet, A. & Marimon, R., 1998. "Recursive Contracts," Economics Working Papers eco98/37, European University Institute.
- Farrell, Joseph & Maskin, Eric, 1989.
"Renegotiation in repeated games,"
Games and Economic Behavior, Elsevier, vol. 1(4), pages 327-360, December.
- Farrell, Joseph & Maskin, Eric, 1987. "Renegotiation in Repeated Games," Department of Economics, Working Paper Series qt9wv3h5jb, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Joseph Farrell and Eric Maskin., 1987. "Renegotiation in Repeated Games," Economics Working Papers 8759, University of California at Berkeley.
- Fafchamps, Marcel & Lund, Susan, 2003.
"Risk-sharing networks in rural Philippines,"
Journal of Development Economics, Elsevier, vol. 71(2), pages 261-287, August.
- Marcel Fafchamps & Susan Lund, "undated". "Risk Sharing Networks in Rural Philippines," Working Papers 97014, Stanford University, Department of Economics.
- Marcel Fafchamps & Susan Lund, 2000. "Risk-Sharing Networks in Rural Philippines," Economics Series Working Papers 10, University of Oxford, Department of Economics.
- Garance Genicot & Debraj Ray, 2003. "Group Formation in Risk-Sharing Arrangements," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(1), pages 87-113.
- Maurizio Mazzocco, 2007. "Household Intertemporal Behaviour: A Collective Characterization and a Test of Commitment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(3), pages 857-895.
- Koeppl Thorsten V., 2006.
"Differentiability of the Efficient Frontier when Commitment to Risk Sharing is Limited,"
The B.E. Journal of Macroeconomics, De Gruyter, vol. 6(1), pages 1-6, April.
- Thorsten V. Koeppl, 2004. "Differentiability Of The Efficient Frontier When Commitment To Risk Sharing Is Limited," Working Paper 1049, Economics Department, Queen's University.
- Murgai, Rinku & Winters, Paul & Sadoulet, Elisabeth & Janvry, Alain de, 2002.
"Localized and incomplete mutual insurance,"
Journal of Development Economics, Elsevier, vol. 67(2), pages 245-274, April.
- de Janvry, Alain & Sadoulet, Elisabeth & Winters, Paul C. & Murgai, Rinku, 2000. "Localized and Incomplete Mutual Insurance," Working Papers 12905, University of New England, School of Economics.
- Attanasio, Orazio & Rios-Rull, Jose-Victor, 2000. "Consumption smoothing in island economies: Can public insurance reduce welfare?," European Economic Review, Elsevier, vol. 44(7), pages 1225-1258, June.
- Narayana R. Kocherlakota, 1996.
"Implications of Efficient Risk Sharing without Commitment,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 63(4), pages 595-609.
- Narayana Kocherlakota, 2010. "Implications of Efficient Risk Sharing Without Commitment," Levine's Working Paper Archive 2053, David K. Levine.
- Judd, Kenneth L., 1992. "Projection methods for solving aggregate growth models," Journal of Economic Theory, Elsevier, vol. 58(2), pages 410-452, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tessa Bold, 2009. "Implications of Endogenous Group Formation for Efficient Risk‐Sharing," Economic Journal, Royal Economic Society, vol. 119(536), pages 562-591, March.
- Gulesci,Selim, 2020. "Poverty Alleviation and Interhousehold Transfers : Evidence from BRAC's Graduation Program in Bangladesh," Policy Research Working Paper Series 9467, The World Bank.
- Tobias Broer & Tessa Bold, 2015.
"Risk-Sharing in Village Economies Revisited,"
2015 Meeting Papers
1232, Society for Economic Dynamics.
- Broer, Tobias & Bold, Tessa, 2016. "Risk-Sharing in Village Economies Revisited," CEPR Discussion Papers 11143, C.E.P.R. Discussion Papers.
- DELPIERRE Matthieu & VERHEYDEN Bertrand & WEYNANTS Stéphanie, 2011.
"On the interaction between risk-taking and risk-sharing under farm household wealth heterogeneity,"
LISER Working Paper Series
2011-35, Luxembourg Institute of Socio-Economic Research (LISER).
- Delpierre, Matthieu & Verheyden, Bertrand & Weynants, Stephanie, 2012. "On the interaction between risk-taking and risk-sharing under farm household wealth heterogeneity," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122556, European Association of Agricultural Economists.
- Xiao Yu Wang, 2014. "Risk Sorting, Portfolio Choice, and Endogenous Informal Insurance," NBER Working Papers 20429, National Bureau of Economic Research, Inc.
- Tessa Bold & Stefan Dercon, 2009.
"Contract Design in Insurance Groups,"
CSAE Working Paper Series
2009-04, Centre for the Study of African Economies, University of Oxford.
- Stefan Dercon & Tessa Bold, 2009. "Contract Design in Insurance Groups," Economics Series Working Papers 421, University of Oxford, Department of Economics.
- Jaramillo, Fernando & Kempf, Hubert & Moizeau, Fabien, 2015.
"Heterogeneity and the formation of risk-sharing coalitions,"
Journal of Development Economics, Elsevier, vol. 114(C), pages 79-96.
- Fabien MOIZEAU & Fernando JARAMILLO & Hubert KEMPF, 2011. "Heterogeneity and the Formation of Risk-Sharing Coalitions," Economics Working Paper Archive (University of Rennes & University of Caen) 201111, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2015. "Heterogeneity and the formation of risk-sharing coalitions," Post-Print halshs-01075648, HAL.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2013. "Heterogeneity and the formation of risk - sharing coalitions," Documentos de Trabajo 11013, Universidad del Rosario.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2015. "Heterogeneity and the formation of risk-sharing coalitions," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01075648, HAL.
- Fernando Jaramillo & Hubert Kempf & Fabien Moizeau, 2015. "Heterogeneity and the formation of risk-sharing coalitions," PSE-Ecole d'économie de Paris (Postprint) halshs-01075648, HAL.
- Islam, Asad & Nguyen, Chau, 2018. "Do networks matter after a natural disaster? A study of resource sharing within an informal network after Cyclone Aila," Journal of Environmental Economics and Management, Elsevier, vol. 90(C), pages 249-268.
- Bloch, Francis & Genicot, Garance & Ray, Debraj, 2008.
"Informal insurance in social networks,"
Journal of Economic Theory, Elsevier, vol. 143(1), pages 36-58, November.
- Francis Bloch (GREQAM and Universite de la Mediterranee), Garance Genicot (Georgetown University, and Debraj Ray (New York University and Instituto de Analisis Economico (CSIC)), 2004. "Informal Insurance in Social Networks," Working Papers gueconwpa~04-04-16, Georgetown University, Department of Economics.
- Francis Bloch & Garance Genicot, 2005. "Informal Insurance in Social Networks," 2005 Meeting Papers 156, Society for Economic Dynamics.
- Attila Ambrus & Markus Mobius & Adam Szeidl, 2014.
"Consumption Risk-Sharing in Social Networks,"
American Economic Review, American Economic Association, vol. 104(1), pages 149-182, January.
- Attila Ambrus & Markus Mobius & Adam Szeidl, 2007. "Consumption Risk-sharing in Social Networks," Economics Working Papers 0079, Institute for Advanced Study, School of Social Science.
- Attila Ambrus & Markus Mobius & Adam Szeidl, 2010. "Consumption Risk-sharing in Social Networks," NBER Working Papers 15719, National Bureau of Economic Research, Inc.
- Dercon, Stefan & Bold, Tessa, 2014. "Insurance companies of the poor," CEPR Discussion Papers 10278, C.E.P.R. Discussion Papers.
- Tong Zhang & Huiting Liu & Pinghan Liang, 2020. "Social Trust Formation and Credit Accessibility—Evidence from Rural Households in China," Sustainability, MDPI, vol. 12(2), pages 1-14, January.
- Masahiro Shoji, 2018.
"Incentive for risk sharing and trust formation: experimental and survey evidence from Bangladesh,"
Oxford Economic Papers, Oxford University Press, vol. 70(4), pages 1062-1083.
- Shoji, Masahiro, 2016. "Incentive of risk sharing and trust formation: Experimental and survey evidence from Bangladesh," MPRA Paper 71950, University Library of Munich, Germany.
- Putman, Daniel S., 2020. "The Scope of Risk Pooling," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304480, Agricultural and Applied Economics Association.
- Andinet Woldemichael & Shiferaw Gurmu, 2018. "An Empirical Analysis of Health Shocks and Informal Risk Sharing Networks," African Development Review, African Development Bank, vol. 30(1), pages 100-111, March.
- Grimm, Michael & Hartwig, Renate & Lay, Jann, 2017.
"Does forced solidarity hamper investment in small and micro enterprises?,"
Journal of Comparative Economics, Elsevier, vol. 45(4), pages 827-846.
- Grimm, Michael & Hartwig, Renate & Lay, Jann, 2013. "Does Forced Solidarity Hamper Investment in Small and Micro Enterprises?," IZA Discussion Papers 7229, Institute of Labor Economics (IZA).
- Bramoullé, Yann & Kranton, Rachel, 2007.
"Risk-sharing networks,"
Journal of Economic Behavior & Organization, Elsevier, vol. 64(3-4), pages 275-294.
- Yann Bramoullé & Rachel Kranon, 2005. "Risk-Sharing Networks," Cahiers de recherche 0526, CIRPEE.
- Rafael P. Ribas, 2014. "Liquidity Constraints, Informal Financing, and Entrepreneurship: Direct and Indirect Effects of a Cash Transfer Programme," Working Papers 131, International Policy Centre for Inclusive Growth.
- Orazio Attanasio & Abigail Barr & Juan Camilo Cardenas & Garance Genicot & Costas Meghir, 2012.
"Risk Pooling, Risk Preferences, and Social Networks,"
American Economic Journal: Applied Economics, American Economic Association, vol. 4(2), pages 134-167, April.
- Orazio Attansio & Abigail Barr & Juan Camilo Cardenas & Garance Genicot & Costas Mehgir, 2009. "Risk Pooling, Risk preferences, and Social Networks," CSAE Working Paper Series 2009-20, Centre for the Study of African Economies, University of Oxford.
- Garance Genicot, Orazio Attanasio, Abigail Barr, Juan Camilo Cardenas and Costas Meghir, 2011. "Risk Pooling, Risk Preferences, and Social Networks," Working Papers gueconwpa~11-11-05, Georgetown University, Department of Economics.
- Krueger, Dirk & Perri, Fabrizio, 2011.
"Public versus private risk sharing,"
Journal of Economic Theory, Elsevier, vol. 146(3), pages 920-956, May.
- Dirk Krueger & Fabrizio Perri, 2009. "Public versus Private Risk Sharing," NBER Working Papers 15582, National Bureau of Economic Research, Inc.
- Perri, Fabrizio & Krueger, Dirk, 2010. "Public versus Private Risk Sharing," CEPR Discussion Papers 7625, C.E.P.R. Discussion Papers.
More about this item
Keywords
Risk-Sharing; Limited Commitment; Endogenous Group Formation;All these keywords.
JEL classification:
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2008-03-25 (Business Economics)
- NEP-GTH-2008-03-25 (Game Theory)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oxf:wpaper:387. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anne Pouliquen (email available below). General contact details of provider: https://edirc.repec.org/data/sfeixuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.