Insurance broker as an element of the insurance product
✍ Scribed by B. Kromschröder
- Publisher
- Elsevier Science
- Year
- 1998
- Tongue
- English
- Weight
- 109 KB
- Volume
- 22
- Category
- Article
- ISSN
- 0167-6687
No coin nor oath required. For personal study only.
✦ Synopsis
Abstracts and Reviews
conclusion that the learning process is rational, the character of the learning process differs depending on the risk level. Risk-related variables are much better predictors of large risks than of small risks, which reflects the role of information costs and the benefits of learning about large risks.
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## Abstract For almost 50 years researchers have sought to explain consumer behavior concerning the purchase of life insurance. This study examines the literature relating to specific demographic and economic factors that may be identifiable as traits influencing the demand for life insurance, and