| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5076969 | Insurance: Mathematics and Economics | 2011 | 14 Pages |
Abstract
⺠We test asymmetric information in automobile insurance market. ⺠We model the coverage-risk relationship using copulas. ⺠A positive association is found when using reported accidents. ⺠The relationship vanishes after correcting the underreporting bias. ⺠We demonstrate the role of the position association in predictive modeling.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Peng Shi, Emiliano A. Valdez,