Improving insurance with some adverse selection
| Autor: | Tapadar, Pradip, Thomas, R. Guy |
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| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: | |
| Zdroj: | Inclusive insurance bulletin |
| Popis: | Public policy on insurance risk classification is typically perceived as a trade-off between two types of argument. On the one hand, social arguments against discrimination suggest a need for limits on insurers’ ability to use individual data in setting premiums. On the other hand, economic arguments under the rubric of ‘adverse selection’ or ‘anti-selection’ suggest that such limits make insurance markets work less well. |
| Databáze: | OpenAIRE |
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