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An Empirical investigation of asymmetric information in China's automobile insurance market

Recurso electrónico / electronic resource
Registro MARC
Tag12Valor
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001  MAP20180025976
003  MAP
005  20180830115944.0
008  180808e20180701che|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
100  ‎$0‎MAPA20180012082‎$a‎Qu, Bo
24513‎$a‎An Empirical investigation of asymmetric information in China's automobile insurance market‎$c‎Bo Qu, Li Wei, Ping Wei
520  ‎$a‎In this paper, we investigate the asymmetric information in China's automobile insurance market and propose a set of risk classification approaches to alleviate it. Using a unique data set of automobile insurance coverage in China from 2011 to 2013, we discover that policyholders who purchase more insurance coverage are riskier, which indicates the presence of information asymmetry in China's automobile insurance market. Controlling the attributes of the automobiles does not affect the main results. Moreover, based on data mining technology, we find that the risk classification approach is able to mitigate the problem of asymmetric information in China's automobile insurance market to some extent with little additional cost
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080617219‎$a‎Industria automovilística
650 4‎$0‎MAPA20080603779‎$a‎Seguro de automóviles
650 4‎$0‎MAPA20080606695‎$a‎Información asimétrica
650 4‎$0‎MAPA20080613327‎$a‎Clasificación de riesgos
651 1‎$0‎MAPA20080644178‎$a‎China
7001 ‎$0‎MAPA20080000868‎$a‎Wei, Li
7001 ‎$0‎MAPA20180012358‎$a‎Wei, Ping
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎02/07/2018 Volumen 43 Número 3 - julio 2018 , p. 520-538