Evidence of adverse selection in automobile insurance market: A seemingly unrelated probit modelling

The present paper investigates the adverse selection problem by examining the relationship between accident occurrences and deductible choice utilizing a seemingly unrelated probit model that allows for best controls for unobserved heterogeneity and endogeneity. While this microeconometric analysis...

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Bibliographic Details
Main Authors: Noureddine Benlagha, Imen Karaa
Format: Article
Language:English
Published: Taylor & Francis Group 2017-01-01
Series:Cogent Economics & Finance
Subjects:
Online Access:http://dx.doi.org/10.1080/23322039.2017.1330303