✦ LIBER ✦

083076 (E40) Is the insurance aspect of producer liability valued by consumers? Liability changes and childhood vaccine consumption : Manning R.L., Journal of Risk and Uncertainty, 1996, Volume 13, nr. 1, pp. 37–51

Book ID: 104299810
Publisher: Elsevier Science
Year: 1997
Tongue: English
Weight: 90 KB
Volume: 19
Category: Article
ISSN: 0167-6687
DOI: 10.1016/s0167-6687(97)81738-6

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✦ Synopsis

Comparisons of company results with Reinsurance Association of America development statistics are shown, since traditional link ratio analysis has shortcomings. Traditional IBNR methods forecast insufficient future values on past loss events.

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✍ Richard L Manning 📂 Article 📅 1996 🏛 Springer 🌐 English ⚖ 900 KB

Standard economic theory predicts that the forced tying of an insurance policy to the purchase of a risky product cannot be welfare enhancing. At best, such insurance is redundant due to cheaper methods of insuring against loss, and, at worst, such coverage is not demanded at all. Exploiting the cha