教師資料查詢 | 類別: 會議論文 | 教師: 曾郁仁 TSENG, YU-JEN (瀏覽個人網頁)

標題:Empirical Evidence for Advantageous Selection in the Commercial Fire Insurance Market
學年95
學期1
發表日期2006/09/18
作品名稱Empirical Evidence for Advantageous Selection in the Commercial Fire Insurance Market
作品名稱(其他語言)
著者汪琪玲; 曾郁仁; 黃瑞卿
作品所屬單位淡江大學保險學系
出版者European Group of Risk and Insurance Economists
會議名稱The Geneva Risk and Insurance Review (2009) 34
會議地點Barcelona, Spain
摘要De Meza and Webb (2001) indicated that individuals with a higher degree of risk aversion would demand more insurance and invest in self-protection to reduce risk probability when both the preference type and investment in self-protection are hidden from insurers. They referred to the negative correlation between market insurance and risk type as advantageous selection. However, the relationship between risk type and the degree of risk aversion is debatable in both theoretical and empirical research. This paper therefore proposes that advantageous selection could be supported from another angle by directly examining the relationships that exist among market insurance, self-protection, and risk probability. By focusing on the commercial fire insurance market, information on the purchase of market insurance, investment in self-protection, and fire accident records is hand-collected by means of a unique survey. It is found that firms purchasing market insurance have a greater tendency to channel efforts into self-protection. It is also found that firms expending effort on self-protection are less likely to suffer a fire accident. Furthermore, it is found that firms with commercial fire insurance have less chance of suffering a fire accident than those without such insurance. Each of the above three findings jointly supports the view that advantageous selection could play a critical role in the commercial fire insurance market.
關鍵字
語言英文
收錄於
會議性質國際
校內研討會地點
研討會時間20060918~20060920
通訊作者
國別西班牙
公開徵稿Y
出版型式紙本
出處The Geneva Risk and Insurance Review (2009) 34, pp.1–19
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