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Die Vorteile des Staatsmonopols in der Gebäudeversicherung: Erfahrungen aus Deutschland und der Schweiz

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  • Thomas Von Ungern‐Sternberg

Abstract

This paper compares the prices charged and the quality of service provided by state monopolies and private insurance companies on the property insurance market. Both the cross‐section data from Switzerland and the time‐series evidence from Germany strongly suggest that in this specific market the presence of state monopolies is very advantageous for the customers. This raises the question why German academic economists made practically no effort to defend their state insurance monopolies in the debate about the 3rd EU directive on property insurance. Is it possible that peer pressure prevents academic economists from standing up to defend state monopolies, even if these are clearly to the benefit of consumers?

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  • Thomas Von Ungern‐Sternberg, 2001. "Die Vorteile des Staatsmonopols in der Gebäudeversicherung: Erfahrungen aus Deutschland und der Schweiz," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 2(1), pages 31-44, February.
    • Handle: RePEc:bla:perwir:v:2:y:2001:i:1:p:31-44
    DOI: 10.1111/1468-2516.00030
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    References listed on IDEAS

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    1. Thomas VON UNGERN-STERNBERG, 1994. "Die kantonalen Gebäudeversicherungen. Eine ökonomische Analyse," Cahiers de Recherches Economiques du Département d'économie 9405, Université de Lausanne, Faculté des HEC, Département d’économie.
    2. Thomas VON UNGERN-STERNBERG, 2000. "Die Abschaffung der Monopole in der deutschen Gebäudeversicherung : Lehren für die Schweiz," Cahiers de Recherches Economiques du Département d'économie 00.05, Université de Lausanne, Faculté des HEC, Département d’économie.
    3. Thomas VON UNGERN-STERNBERG, 1995. "Kritische Überlegungen zu dem Gutachten von Professor Schips über die kantonalen Gebäudeversicherungsmonopole," Cahiers de Recherches Economiques du Département d'économie 9502, Université de Lausanne, Faculté des HEC, Département d’économie.
    4. Thomas VON UNGERN-STERNBERG, 1997. "Gebäudeversicherung in Frankreich : Ein Vergleich mit der Schweiz," Cahiers de Recherches Economiques du Département d'économie 9703, Université de Lausanne, Faculté des HEC, Département d’économie.
    5. Thomas VON UNGERN-STERNBERG, 1998. "Gebaudeversicherung in England," Cahiers de Recherches Economiques du Département d'économie 9815, Université de Lausanne, Faculté des HEC, Département d’économie.
    6. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    7. Thomas VON UNGERN-STERNBERG, 1997. "Die Katastrophen-Versicherung in Spanien," Cahiers de Recherches Economiques du Département d'économie 9716, Université de Lausanne, Faculté des HEC, Département d’économie.
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    1. Reimund Schwarze & Carsten Croonenbroeck, 2017. "Economies of Integrated Risk Management? An Empirical Analysis of the Swiss Public Insurance Approach to Natural Hazard Prevention," Economics of Disasters and Climate Change, Springer, vol. 1(2), pages 167-178, July.
    2. Reimund Schwarze & Gert G. Wagner, 2006. "The Political Economy of Natural Disaster Insurance: Lessons from the Failure of a Proposed Compulsory Insurance Scheme in Germany," Discussion Papers of DIW Berlin 620, DIW Berlin, German Institute for Economic Research.

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