Kim, Hyojoung; Kim, Doyoung; Im, Subin; Hardin, James W. - In: The journal of risk and insurance : the journal of the … 76 (2009) 2, pp. 343-366
In the empirical analysis of information asymmetry in automobile insurance markets, prior research used a dichotomous measurement approach that induces excessive bundling in coverage measurements and sample selection biases. To improve on the conditional correlation method for testing...
