Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi)
The problem of asymmetric information occurs when one party of an economic transaction has insufficient knowledge about the other party to make accurate decisions. The moral hazard, on the other hand, is the risk that one party to a contract can change their behaviour to the detriment of the other p...
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| Format: | Article |
| Language: | deu |
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Celal Bayar University
2009-01-01
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| Series: | Yönetim ve Ekonomi |
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| Online Access: | http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C16S12009/107_114.pdf |
| _version_ | 1797910993014095872 |
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| author | Meltem TUMAY |
| author_facet | Meltem TUMAY |
| author_sort | Meltem TUMAY |
| collection | DOAJ |
| description | The problem of asymmetric information occurs when one party of an economic transaction has insufficient knowledge about the other party to make accurate decisions. The moral hazard, on the other hand, is the risk that one party to a contract can change their behaviour to the detriment of the other party once the contract has been concluded. In insurance market the moral hazard is tendency by which people expend less effort protecting those goods which are insured against theft or damage. |
| first_indexed | 2024-04-10T11:33:19Z |
| format | Article |
| id | doaj.art-90b9a0b4214b43ec93b9680141c88fcc |
| institution | Directory Open Access Journal |
| issn | 1302-0064 |
| language | deu |
| last_indexed | 2024-04-10T11:33:19Z |
| publishDate | 2009-01-01 |
| publisher | Celal Bayar University |
| record_format | Article |
| series | Yönetim ve Ekonomi |
| spelling | doaj.art-90b9a0b4214b43ec93b9680141c88fcc2023-02-15T16:17:59ZdeuCelal Bayar UniversityYönetim ve Ekonomi1302-00642009-01-01161107114Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi)Meltem TUMAYThe problem of asymmetric information occurs when one party of an economic transaction has insufficient knowledge about the other party to make accurate decisions. The moral hazard, on the other hand, is the risk that one party to a contract can change their behaviour to the detriment of the other party once the contract has been concluded. In insurance market the moral hazard is tendency by which people expend less effort protecting those goods which are insured against theft or damage.http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C16S12009/107_114.pdfAsymmetric InformationMoral HazardInsufficient knowledgeInsurance marketsAsimetrik BilgiEtik TehlikeYetersiz BilgiSigorta Piyasaları |
| spellingShingle | Meltem TUMAY Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi) Yönetim ve Ekonomi Asymmetric Information Moral Hazard Insufficient knowledge Insurance markets Asimetrik Bilgi Etik Tehlike Yetersiz Bilgi Sigorta Piyasaları |
| title | Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi) |
| title_full | Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi) |
| title_fullStr | Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi) |
| title_full_unstemmed | Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi) |
| title_short | Asymmetric Information and Adverse Selection in Insurance Markets: The Problem of Moral Hazard(Sigorta Piyasalarında Asimetrik Bilgi ve İstenmeyen Tercih: Etik Tehlike Problemi) |
| title_sort | asymmetric information and adverse selection in insurance markets the problem of moral hazard sigorta piyasalarinda asimetrik bilgi ve istenmeyen tercih etik tehlike problemi |
| topic | Asymmetric Information Moral Hazard Insufficient knowledge Insurance markets Asimetrik Bilgi Etik Tehlike Yetersiz Bilgi Sigorta Piyasaları |
| url | http://www2.bayar.edu.tr/yonetimekonomi/dergi/pdf/C16S12009/107_114.pdf |
| work_keys_str_mv | AT meltemtumay asymmetricinformationandadverseselectionininsurancemarketstheproblemofmoralhazardsigortapiyasalarındaasimetrikbilgiveistenmeyentercihetiktehlikeproblemi |