摘要：By being participatory and tangible, and by deli- vering plot-level assessments of damage, PBI has the potential to reduce basis risk and improve trust and understanding, key challenges for index-based insurance.’ As such, PBI is designed to combine key ad- vantages of both index-based insurance—timely compensation without expensive loss assessments—and indemnity insurance—minimum basis risk and a tangible product.
关键词：Risk and insurance;Mobile technology;Basis risk;IndiaJEL classification:;G220;O13;O16;Q14
