Opening book details…
Can I read Propitious Selection in Insurance on EtoBox?
Propitious Selection in Insurance by David Hemenway is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Propitious Selection in Insurance about?
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 obtain motor vehicle liability coverage are less likely than others to drink-and-drive, and are more likely to engage in health-beneficial (risk-avoiding) behaviors. Propitious selection may be a general phenomenon promoting favorable selection in many real world insurance markets.
Who reads Propitious Selection in Insurance?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- David Hemenway
- Publisher
- Springer; Springer-Verlag; Kluwer Academic Publishers; Springer Science and Business Media LLC (ISSN 0895-5646)
- Published
- 1992
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)