| Testing Advantageous Selection by Hidden Action: Evidence from Automobile Liability Insurance | |
|---|---|
| 學年 | 97 |
| 學期 | 1 |
| 發表日期 | 2008-12-20 |
| 作品名稱 | Testing Advantageous Selection by Hidden Action: Evidence from Automobile Liability Insurance |
| 作品名稱（其他語言） | |
| 著者 | 黃瑞卿; Huang, Rachel J.; 曾郁仁; Tzeng, Larry Y.; 汪琪玲; Wang, Kili C. |
| 作品所屬單位 | 淡江大學保險學系 |
| 出版者 | |
| 會議名稱 | 台灣風險與保險學會第二屆年會暨國際學術研討會 |
| 會議地點 | 高雄, 臺灣 |
| 摘要 | This paper examines advantageous selection in automobile liability insurance from the approach with hidden action, which argues that the individual’s private information on his own characteristics will affect his decision on the investment on precautionary effort (hidden action) to reduce the loss probability and further results in a negative relationship between coverage and loss probability in equilibrium. We argue that individual’s vehicle maintenance record could be a proper proxy for the precautionary effort. By combining insurance data from an insurance company and maintenance data from the largest car manufacturer in Taiwan, we demonstrate advantageous selection in automobile liability insurance in Taiwan. |
| 關鍵字 | asymmetric information, advantageous selection, hidden action,automobile liability insurance. |
| 語言 | en |
| 收錄於 | |
| 會議性質 | 國際 |
| 校內研討會地點 | |
| 研討會時間 | 20081220~20081220 |
| 通訊作者 | |
| 國別 | TWN |
| 公開徵稿 | Y |
| 出版型式 | 紙本 |
| 出處 | 台灣風險與保險學會第二屆年會暨國際學術研討會 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/68360 ) |
| SDGS | 產業創新與基礎設施,減少不平等,和平正義與有力的制度 |
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