Article
Is There Adverse Selection in the Life Insurance Market? Evidence from a Representative Sample of Purchasers
Economics Letters
(2014)
Abstract
This paper examines issues related to asymmetric information in the life insurance market using data that links life insurance holdings with death records for a representative sample of purchasers. Unlike earlier work that found mixed results using a narrow age cohort, this analysis finds no compelling evidence for adverse selection in a broad age cohort.
Keywords
- Adverse selection,
- Advantageous selection,
- Life insurance
Disciplines
Publication Date
2014
Citation Information
Timothy Harris and Aaron Yelowitz. "Is There Adverse Selection in the Life Insurance Market? Evidence from a Representative Sample of Purchasers" Economics Letters (2014) Available at: http://works.bepress.com/yelowitz/35/