Jeremy Tobacman
Biographic Data
| ID | 1471524 |
|---|---|
| NAME | Jeremy Tobacman |
| GIVEN NAMES | Jeremy |
| FAMILY NAME | Tobacman |
| SIGNATURE | TOBACMAN J |
| AFFILIATIONS | Harvard University, Cambridge, Massachusetts. |
| ORCID | 0000-0003-2905-577X |
| VERIFIED | No |
| TOTAL WORKS | 2 |
| TOTAL CITATIONS | 29 |
| WORKS AS AUTHOR | 2 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2001 |
| LATEST PUBLICATION YEAR | 2013 |
| H-INDEX | 1 |
Barriers to Household Risk Management
Why do many households remain exposed to large exogenous sources of nonsystematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and nonprice factors in the adoption of an innovative rainfall insurance product. Demand is significantly price sensitive, but widespread take-up would not be achieved even if the product offered a payout ratio comparable to US insurance contracts. We present …
The Hyperbolic Consumption Model
Laboratory and field studies of time preference find that discount rates are much greater in the short run than in the long run. Hyperbolic discount functions capture this property. This paper presents simulations of the savings and asset allocation choices of households with hyperbolic preferences. The behavior of the hyperbolic households is compared to the behavior of exponential households. The hyperbolic households borrow much more frequentl…
The Hyperbolic Consumption Model
Laboratory and field studies of time preference find that discount rates are much greater in the short run than in the long run. Hyperbolic discount functions capture this property. This paper presents simulations of the savings and asset allocation choices of households with hyperbolic preferences. The behavior of the hyperbolic households is compared to the behavior of exponential households. The hyperbolic households borrow much more frequentl…
The Hyperbolic Consumption Model
Laboratory and field studies of time preference find that discount rates are much greater in the short run than in the long run. Hyperbolic discount functions capture this property. This paper presents simulations of the savings and asset allocation choices of households with hyperbolic preferences. The behavior of the hyperbolic households is compared to the behavior of exponential households. The hyperbolic households borrow much more frequentl…
Barriers to Household Risk Management
Why do many households remain exposed to large exogenous sources of nonsystematic income risk? We use a series of randomized field experiments in rural India to test the importance of price and nonprice factors in the adoption of an innovative rainfall insurance product. Demand is significantly price sensitive, but widespread take-up would not be achieved even if the product offered a payout ratio comparable to US insurance contracts. We present …
Economics (2 works) · Financial Literacy, Pension, Retirement Analysis (2 works) · Agricultural risk and resilience (1 work) · Business (1 work) · Computer Science (1 work) · Discounting (1 work) · Econometrics (1 work) · Economic theories and models (1 work) · Exponential function (1 work) · Finance (1 work)