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E-book
Author Eckardt, Martina, 1967-

Title Insurance intermediation : an economic analysis of the information services market / Martina Eckardt
Published Heidelberg ; New York : Springer, [2007]
©2007
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Description 1 online resource (vi, 246 pages) : illustrations
Series Contributions to economics, 1431-1933
Contributions to economics. 1431-1933
Summary "Insurance intermediaries can help consumers to economize on information and transaction costs in insurance markets. Conduct and performance in the market for insurance information services are analyzed by applying search theoretical and industrial organization approaches. Based on a sample of 927 insurance intermediaries, the factors that affect the quality of the information services provided by them are studied empirically. The results obtained support the main hypotheses derived from industrial organization theories as to the poor working of quality competition under incomplete and asymmetric information on the side of consumers. Thus, public policy should concentrate on increasing transparency about intermediaries' (in- )dependence from insurance companies and improve consumers' financial literacy to raise the overall quality in the informaiton services market."--Jacket
Bibliography Includes bibliographical references (pages 237-246)
Notes Print version record
Subject Insurance.
Financial institutions.
Form Electronic book
LC no. 2007921530
ISBN 9783790819403
3790819409
9783790819397 (paperback; alk. paper)
3790819395 (paperback; alk. paper)