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A Dynamic Model of the Transmission of Price Information in Auto Insurance Markets
Home
Publications
A Dynamic Model of the Transmission of Price Information in Auto Insurance Markets
A Dynamic Model of the Transmission of Price Information in Auto Insurance Markets
LB
Lawrence A. Berger
Lawrence A. Berger
PK
Paul R. Kleindorfer
Paul R. Kleindorfer
HK
Howard Kunreuther
Howard Kunreuther
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1 March 1989
journal article
Published by
JSTOR
in
Journal of Risk and Insurance
Vol. 56
(1)
,
17
https://doi.org/10.2307/253012
Abstract
A model of the demand structure of auto insurance markets is constructed in which consumers learn about firms through friends and neighbors. Consumers switch fi...
Keywords
STRUCTURE
DYNAMIC MODEL
SWITCH
FRIENDS
NEIGHBORS
AUTO
TRANSMISSION OF PRICE
All Articles
Open Access
Cited by 33 articles