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Price Elasticity of Demand for Term Life Insurance and Adverse Selection

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NBER2003-08-01 更新2025-01-04 收录
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This paper provides an empirical estimate of price' and risk' elasticities of demand for term life insurance for those who purchase some insurance. It finds that the elasticity with respect to changes in premiums is generally higher than the elasticity with respect to changes in risk. It also finds

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2003-08-01
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