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Is There Adverse Selection in the Life Insurance Market? Evidence from a Representative Sample of Purchasers
Economics Letters (2014)
  • Timothy Harris, University of Kentucky
  • Aaron Yelowitz, University of Kentucky
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/