Bonato, Dario; Zweifel, Peter (2002). Information about multiple risks: the case of building and content insurance. Journal of Risk and Insurance, 69(4):469-487.
Full text not available from this repository.
View at publisher
Insurers traditionally use risk-specific characteristics of insureds to classify them according to risk. In this article, the practical relevance of information about multiple risks is demonstrated for the case of content insurance of a Swiss company. Two types of such information prove important: information about "spillover moral hazard" caused by mandated prevention affecting preventive effort in an unregulated line, and information about "common impulses" reflected in the loss experience of related lines. Both contribute to an improved prediction of loss probability.
|Item Type:||Journal Article, refereed|
|Communities & Collections:||03 Faculty of Economics > Department of Economics|
|Dewey Decimal Classification:||330 Economics|
|Deposited On:||11 Feb 2008 12:21|
|Last Modified:||05 Apr 2016 12:17|
Users (please log in): suggest update or correction for this item
Repository Staff Only: item control page