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Articles Articles An Empirical investigation of asymmetric information in China's automobile insurance market - Qu, Bo

Collection: Articles

Title: An Empirical investigation of asymmetric information in China's automobile insurance market / Bo Qu, Li Wei, Ping Wei

Author: Qu, Bo Icono con lupa

Notes: Sumario: In this paper, we investigate the asymmetric information in China's automobile insurance market and propose a set of risk classification approaches to alleviate it. Using a unique data set of automobile insurance coverage in China from 2011 to 2013, we discover that policyholders who purchase more insurance coverage are riskier, which indicates the presence of information asymmetry in China's automobile insurance market. Controlling the attributes of the automobiles does not affect the main results. Moreover, based on data mining technology, we find that the risk classification approach is able to mitigate the problem of asymmetric information in China's automobile insurance market to some extent with little additional cost

Other authors: Wei, Li Icono con lupa
Wei, Ping Icono con lupa

Other categories: 219

Derechos: In Copyright (InC): http://rightsstatements.org/vocab/InC/1.0/

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