rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Insurance Intermediation
    sub title: An Economic Analysis of the Information Services Market
  name:
    name part: Eckardt, Martina.
    role:
      role term: creator
    role:
      role term: author.
  name:
    name part: SpringerLink (Online service)
  type of resource: text
  origin info:
    place:
      place term: gw
    date issued: 2007
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: electronic
    form: electronic resource
    reformatting quality: access
    form: remote
    extent: VI, 246 p. 34 illus. online resource.
  abstract: Insurance intermediaries can help consumers to economize on information and transaction costs in insurance markets. However, competing intermediaries provide heterogeneous information services, which are difficult to assess by incompletely informed consumers. 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 information services market.
  table of contents: Intermediaries in the Insurance Market -- An Economic Explanation of Insurance Intermediation -- Competition between Insurance Intermediaries -- The Market for Insurance Intermediation in Germany -- Conclusions.
  note: by Martina Eckardt.
  subject:
    topic: Industrial organization
  subject:
    topic: Macroeconomics
  subject:
    topic: Social policy
  subject:
    topic: Economics
  subject:
    topic: Industrial Organization
  subject:
    topic: Macroeconomics/Monetary Economics//Financial Economics
  subject:
    topic: Social Policy
  classification: HD28-70
  classification: HD2321-4730.9
  classification: 338.6
  related item:
    title info:
      title: Springer eBooks
  related item:
    title info:
      title: Contributions to Economics
  identifier: 9783790819403
  identifier: http://dx.doi.org/10.1007/978-3-7908-1940-3
  record info:
    record creation date: 100301
    record change date: 20151204182742.0
    record identifier: 978-3-7908-1940-3