A Dynamic Model of the Transmission of Price Information in Auto Insurance Markets
- 1 March 1989
- journal article
- Published by JSTOR in Journal of Risk and Insurance
- Vol. 56 (1) , 17
- https://doi.org/10.2307/253012
Abstract
A model of the demand structure of auto insurance markets is constructed in which consumers learn about firms through friends and neighbors. Consumers switch fi...Keywords
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