Kesternich, Iris; Schumacher, Heiner - In: Journal of Risk & Insurance 81 (2014) 1, pp. 159-175
type="main" xml:lang="en" <title type="main">Abstract</title> <p>We analyze the use of information in an oligopolistic insurance market with costly market entry. For intermediate values of entry costs, an equilibrium exists that is profit maximizing for incumbents and in which companies do not discriminate between high and...</p>