An Empirical Examination of Information Barriers to Trade in Insurance.

This paper uses direct evidence on the self-perceived and actual mortality risk of individuals, as well as the price and quantity of their life insurance, to evaluate whether asymmetric information is a barrier to trade in insurace markets.

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Year of publication:	1996
Authors:	Cawley, J ; Philipson, T
Institutions:	George J. Stigler Center for the Study of the Economy and the State, Booth School of Business
Subject:	INFORMATION \| INSURANCE \| RISK

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Series:	University of Chicago - George G. Stigler Center for Study of Economy and State.
Type of publication:	Book / Working Paper
Notes:	27 pages
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; G22 - Insurance; Insurance Companies ; D82 - Asymmetric and Private Information
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005245380