Entry Liberalization and Market Conduct in Insurance

Detalhes bibliográficos
Autor(a) principal: Barros, Pedro Pita
Data de Publicação: 1994
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/85985
Resumo: The effects of rate regulation on insurance have been profusely investigated in the empirical literature but less is known about the effects of entry liberalization. We investigate the effects of an entry liberalization process on conduct of insurance firms, under a rate regulation system. An explicit model of oligopolistic interaction is proposed and an application is reported. The results show that coordination between insurance firms was only temporary upset by a gradual liberalization on entry conditions, with firms resuming almost immediately a coordinated equilibrium.
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spelling Entry Liberalization and Market Conduct in InsuranceThe effects of rate regulation on insurance have been profusely investigated in the empirical literature but less is known about the effects of entry liberalization. We investigate the effects of an entry liberalization process on conduct of insurance firms, under a rate regulation system. An explicit model of oligopolistic interaction is proposed and an application is reported. The results show that coordination between insurance firms was only temporary upset by a gradual liberalization on entry conditions, with firms resuming almost immediately a coordinated equilibrium.Nova SBERUNBarros, Pedro Pita2019-10-31T12:46:33Z1994-01-041994-01-04T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/85985engBarros, Pedro Pita, Entry Liberalization and Market Conduct in Insurance (January, 1994). FEUNL Working Paper Series No. 213info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T04:38:43Zoai:run.unl.pt:10362/85985Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:36:40.654894Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Entry Liberalization and Market Conduct in Insurance
title Entry Liberalization and Market Conduct in Insurance
spellingShingle Entry Liberalization and Market Conduct in Insurance
Barros, Pedro Pita
title_short Entry Liberalization and Market Conduct in Insurance
title_full Entry Liberalization and Market Conduct in Insurance
title_fullStr Entry Liberalization and Market Conduct in Insurance
title_full_unstemmed Entry Liberalization and Market Conduct in Insurance
title_sort Entry Liberalization and Market Conduct in Insurance
author Barros, Pedro Pita
author_facet Barros, Pedro Pita
author_role author
dc.contributor.none.fl_str_mv RUN
dc.contributor.author.fl_str_mv Barros, Pedro Pita
description The effects of rate regulation on insurance have been profusely investigated in the empirical literature but less is known about the effects of entry liberalization. We investigate the effects of an entry liberalization process on conduct of insurance firms, under a rate regulation system. An explicit model of oligopolistic interaction is proposed and an application is reported. The results show that coordination between insurance firms was only temporary upset by a gradual liberalization on entry conditions, with firms resuming almost immediately a coordinated equilibrium.
publishDate 1994
dc.date.none.fl_str_mv 1994-01-04
1994-01-04T00:00:00Z
2019-10-31T12:46:33Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/85985
url http://hdl.handle.net/10362/85985
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Barros, Pedro Pita, Entry Liberalization and Market Conduct in Insurance (January, 1994). FEUNL Working Paper Series No. 213
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
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