Colquitt, L. Lee; Fier, Stephen G.; Hoyt, Robert E.; … - 2012
Adverse selection plays a prominent role in the insurance literature due to its negative implications for insurer … selection in the U.S. insurance market. Potential reasons for the lack of evidence include: (1) that insurers effectively use …, private information. We test for the existence of adverse selection in the credit life insurance market where opportunities to …