Beyond Testing: Empirical Models of Insurance Markets
نویسندگان
چکیده
منابع مشابه
Beyond Testing: Empirical Models of Insurance Markets.
We describe recent advances in the empirical analysis of insurance markets. This new research proposes ways to estimate individual demand for insurance and the relationship between prices and insurer costs in the presence of adverse and advantageous selection. We discuss how these models permit the measurement of welfare distortions arising from asymmetric information and the welfare consequenc...
متن کاملNber Working Paper Series beyond Testing: Empirical Models of Insurance Markets
We describe recent advances in the empirical analysis of insurance markets. This new research proposes ways to estimate individual demand for insurance and the relationship between prices and insurer costs in the presence of adverse and advantageous selection. We discuss how these models permit the measurement of welfare distortions arising from asymmetric information and the welfare consequenc...
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ژورنال
عنوان ژورنال: Annual Review of Economics
سال: 2010
ISSN: 1941-1383,1941-1391
DOI: 10.1146/annurev.economics.050708.143254