Market Discipline in Insurance: Does it Really Work?

An important new dimension of the regulatory environment in banking and insurance is the explicit reliance on market discipline. Expectation: A transparent market will require less overt intervention by regulators (market participants themselves force appropriate behavior)...

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Year of publication:	2010-05-01
Authors:	Eling, Martin
Institutions:	International Association for the Study of Insurance Economics
Subject:	Regulierung \| Versicherungsmarkt \| Versicherungswirtschaft \| Markttransparenz

Table of Contents
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1 Motivation
2 What is market discipline? Classification, definition, and measurement
3 What drives market discipline? Facilitators and impediments
4 Does it really work?
5 Conclusion

Persistent link: https://www.econbiz.de/10005871236