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On the choice of insurance distribution systems
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MAP20071025805
Kim, Won-Joong ‌
On the choice of insurance distribution systems / Won-Joong Kim, David Mayers, Clifford W. Smith
Sumario: This article examines insurers' choice between independent and exclusive agents. We assume that alternative distribution systems are efficient mechanisms for controlling contracting problems among policy-holders, insurers, and agents. Because the use of independent agents helps control potential expropriate behavior by the insurer, the indepent agency system should be more valuable for ownership structures where such problems are more severe
En: Risk and insurance. - Philadelphia. - Vol 63, nº 2, June 1996 ; p. 207-227
1. Seguros ‌. 2. Empresas de seguros ‌. 3. Distribución de seguros ‌. 4. Mediación de seguros ‌. 5. Agentes de seguros ‌. I. Mayers, David ‌. II. Smith, Clifford W. ‌. III. Title. IV. Título: Risk and insurance.