The Informational Content of Household Decisions with Applications to Insurance under Adverse Selection

We discuss how to detect the informational content of household decisions among the explanatory variables of econometric models. Two applications to the choice of automobile insurance contracts and the demand for life insurance are provided. We show that the information provided by additional decision variables is rather weak and often non significant.

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Year of publication:	1998
Authors:	Dionne, G. ; Gourieroux, C. ; Vanasse, C.
Institutions:	Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor.
Subject:	HOUSEHOLD \| INFORMATION \| ADVERSE SELECTION \| RISK \| INSURANCE

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Series:	Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	C25 - Discrete Regression and Qualitative Choice Models ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; G11 - Portfolio Choice ; G22 - Insurance; Insurance Companies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005660699