The Informational Content of Household Decisions.

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

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Year of publication:	1997
Authors:	Dionne, G. ; Gourieroux, C. ; Vanasse, C.
Subject:	INFORMATION \| HOUSEHOLD \| INSURANCE

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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 ; G10 - General Financial Markets. General ; G11 - Portfolio Choice ; G22 - Insurance; Insurance Companies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005641001