Contingent Commissions in Insurance: A Legal and Economic Analysis
It is not easy to come up with a powerful efficiency explanation for the use of contingent commission agreements, but if these agreements continue to be adopted with full disclosure in the absence of collusion, then it seems premature to ban them just because our incomplete knowledge of how brokerage markets work does not supply a compelling efficiency justification for their use.
Year of publication: |
2007
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Authors: | Epstein, Richard |
Published in: |
CPI Journal. - Competition Policy International. - Vol. 3.2007, 1
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Publisher: |
Competition Policy International |
Saved in:
Online Resource
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