Limit-Pricing and Entry into the Property and Liability Insurance Industry
Adel M. Rabh,
Ali E. El-Ashry and
Mohamed E. Ali
Journal of Insurance Issues, 1991, vol. 14, issue 2, 73-96
Abstract:
This study develops a dynamic limit-pricing model. The model tests whether the observed differences in rates of entry into property-liability markets can be explained by the differences in profit levels of existing firms, the rate of growth, and barriers to entry across states insurance markets of private passenger automobile insurance. The overall empirical findings provide some evidence that is consistent with the competitive market hypothesis.
Date: 1991
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.insuranceissues.org/PDFs/X.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:wri:journl:v:14:y:1990:i:2:p:73-96
Access Statistics for this article
Journal of Insurance Issues is currently edited by James Barrese
More articles in Journal of Insurance Issues from Western Risk and Insurance Association
Bibliographic data for series maintained by James Barrese ().