The existence of information asymmetry in automobile insurance market has been studied extensively, yet the previous work mainly focus on different characteristics of insureds, and less frequently on different types of claims. We make use of a unique and complete dataset, which enable us to test...

E-commerce and FinTech are currently booming in China. The growing consumer market is accompanied by internet finance, by which consumers can easily borrow money from financial institutions online. As a result, the growing risks of financial institutions are of concern to the government and...

Introduction -- Adverse selection, 'lemon market' model and related literature review -- Adverse Selection of Internet Market: Mathematical Model and Theoretical Explanation -- Adverse Selection and Price Behavior in Internet Market -- Adverse Selection and Reputation Operation Mode of Network...