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The Impact of insurance prices on decision making biases : an experimental analysis

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Section: Articles
Title: The Impact of insurance prices on decision making biases : an experimental analysis / Susan K. Laury and Melayne Morgan McInnesAuthor: Laury, Susan K.
Notes: This article tests whether the use of endogenous risk categorization by insurers enables consumers to make better-informed decisions even if they do not choose to purchase insurance. It describes an experiments that test whether showing subjects actuarally fair nismance prices reduces desviations from optimal (Bayesian) decision making.Related records: En: The Journal of risk and insurance. - Orlando. - Volume 70, number 2, June 2003 ; p. 219-233Materia / lugar / evento: Mercado de seguros Tests Productos de seguros Toma de decisiones Análisis estadístico Métodos actuariales Otros autores: Morgan McInnes, Melayne
Secondary titles: Título: The Journal of risk and insurance
Other categories: 6
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