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Ownership structure and distribution systems in property-liability insurance : a bivariate probit approach

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      <subfield code="a">Ownership structure and distribution systems in property-liability insurance</subfield>
      <subfield code="b">: a bivariate probit approach</subfield>
      <subfield code="c">by James R. Garven and Montserrat Guillén</subfield>
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      <subfield code="a">Ponencia presentada en American Risk and Insurance Association Annual Meeting, Seattle, 1995</subfield>
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      <subfield code="a">To date, the organizational structure literature has treated the ownership structure and distribution system aspects of organizational design independently of each other. The authors believe that a more complete and empirically better specified model should consider both aspects of organizational design jointly. In this paper, they study the determinants of organizational structure using a modeling framework that jointly endogenizes the choices of ownership structure and distribution system</subfield>
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