The Impact of Intermediary Remuneration in Diferentiated Insurance Markets

This article deals with the impact of intermediaries on insurance market transparancy and performance. In a market exhibiting product diferentiation and coexistence of of perfectly and imperfectly informed consumers, competition among insurers leads to non-existence of a pure-strategy market equilibrium.[...]

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Year of publication:	2008-02-01
Authors:	Hofmann, Annette ; Nell, Martin
Institutions:	Universität <Hamburg> / Institut für Versicherungsbetriebslehre
Subject:	Produktdifferenzierung \| Versicherungswirtschaft

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Table of Contents
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1 Introduction
2 Related Literature
3 The Model
4 Insurance Market Without Intermediation
5 Insurance Market With Intermediation
5.1 Commissions
5.2 Fees
5.3 Social Welfare
6 Concluding Remarks
Appendix

Persistent link: https://www.econbiz.de/10005867298