Benlagha, Noureddine; Karaa, Imen - In: Cogent economics & finance 5 (2017) 1, pp. 1-15
The present paper investigates the adverse selection problem by examining the relationship between accident occurrences and deductible choice utilizing a seemingly unrelated probit model that allows for best controls for unobserved heterogeneity and endogeneity. While this microeconometric...