This paper studies the optimal non-life insurance for an individual exhibiting internal habit formation in a life-cycle model. We show that indemnity is deductible under expected premium principle. Under additional assumption of exponential utility functions, we obtain strategies explicitly and find reduces coverage. Our model offers potential explanation global underinsurance phenomenon. Some ...

Online social networking is perhaps the biggest phenomenon of the Internet. Recently, there has been a rising concern over technology dependency. Recognizing that little theoretical and empirical attention has been given to examine technology dependency in the IS discipline, this study aims to examine the role of technology dependency in habit formation in the context of online social networkin...