(1992). Propitious selection in insurance. Journal of Risk and Uncertainty, Vol.5, 247-25lHemenway, D. (1992), Propitious Selection in Insurance, Journal of Risk and Uncertainty, 5, 247-51.Hemenway, D: 1990, "Propitious Selection in insurance", The Quarterly Journal of Economics 105(4),...
Is There Propitious Selection in Insurance Markets? The theory of adverse selection in insurance markets has been enormously influential among scholars, regulators, and the judiciary. But empirical support for adverse selection has been much less persuasive, and several recent studies hav... T Karago...
1)propitious selection顺向选择 1.The coexistence of adverse selection and propitious selection in the insurance market保险市场逆向选择与顺向选择共存研究 英文短句/例句 1.forward selection procedure顺向选择法顺向选择法 2.The coexistence of adverse selection and propitious selection in the insurance market...
It was not a propitious time to start a new business. 这个时候开张不吉利。 People like to hear propitious sentences. 人们都喜欢听吉利的话。 权威例句 Propitious Selection Propitious selection in insurance Darwin Died at a Most Propitious Time ...
The theory of propitious selection suggests that there are risk-avoiding personalities who both take physical precautions and buy financial security (insurance). Conversely, there are risk seekers who tend to do neither. Survey evidence is presented that is consistent with the theory. Individuals who...
The conventional theory of adverse selection ignores the effect of precautionary efforts on the probability of death and also doesn't consider the correlat... G Mahdavi - 2006年中国国际金融年会 被引量: 5发表: 2006年 More for less? Puzzling selection effects in the insurance market We document...
There is adverse selection in the insurance market.The conventional theory of adverse selection held that the insurers would end up with high-risk individuals.However,most empirical studies showed that the real insurance market was not always like this,and there was a propitious selection in addition...
In this paper, we show that the propitious selection argument does not imply negative correlation between risk levels and insurance purchases, be-cause it fails to take into account the supply side of the insurance market. To illustrate this claim, we provide a model where, although we assume ...
We propose a simple model with preference-based adverse selection and moral hazard that formalizes the cherry picking/propitious selection argument. This argument assumes that individuals differ in risk aversion, potentially resulting in more risk averse agents buying more insurance while being less risky...
Testing for Asymmetric Information in Private Health Insurance Using a theoretical model of competition among insurers incorporating this characteristic, we link the type of selection (adverse or propitious) with the ... P Olivella,Marcos Vera-Hernandez - 《Economic Journal》 被引量: 38发表: 2013年...