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The Welfare Loss of Excess Nonprice Competition: The Case of Property-Liability Insurance Regulation

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  • Frech, H E, III
  • Samprone, Joseph C, Jr

Abstract

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Suggested Citation

  • Frech, H E, III & Samprone, Joseph C, Jr, 1980. "The Welfare Loss of Excess Nonprice Competition: The Case of Property-Liability Insurance Regulation," Journal of Law and Economics, University of Chicago Press, vol. 23(2), pages 429-440, October.
  • Handle: RePEc:ucp:jlawec:v:23:y:1980:i:2:p:429-40
    DOI: 10.1086/466967
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    Cited by:

    1. Ligon, James A. & Cather, David A., 1997. "The informational value of insurance purchases: Evidence from the property-liability insurance market," Journal of Banking & Finance, Elsevier, vol. 21(7), pages 989-1016, July.
    2. Ron Cheung & Cassandra R. Cole & David A. Macpherson & Kathleen A. McCullough & Charles Nyce, 2015. "Demographic Factors and Price Distortions in Insurance," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 18(1), pages 1-28, March.
    3. Iskandar Hamwi & Tim Hudson & Yueyun Chen, 2004. "Solvency regulation in the property-liability insurance industry," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 10(4), pages 313-327, November.
    4. Casey B. Mulligan & Kevin K. Tsui, 2016. "The Upside-down Economics of Regulated and Otherwise Rigid Prices," NBER Working Papers 22305, National Bureau of Economic Research, Inc.
    5. D.T.Armentano, 1989. "Antitrust and Insurance: Should the McCarran Act Be Repealed?," Cato Journal, Cato Journal, Cato Institute, vol. 8(3), pages 729-749, Winter.
    6. Susan J. Suponcic & Sharon Tennyson, 1998. "Rate Regulation and the Industrial Organization of Automobile Insurance," NBER Chapters, in: The Economics of Property-Casualty Insurance, pages 113-138, National Bureau of Economic Research, Inc.
    7. Nat Pope & Yu‐Luen Ma, 2008. "The Market Structure–Performance Relationship in the International Insurance Sector," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 75(4), pages 947-966, December.
    8. Felder, Stefan, 1996. "Fire insurance in Germany: A comparison of price-performance between state monopolies and competitive regions," European Economic Review, Elsevier, vol. 40(3-5), pages 1133-1141, April.
    9. Susan J. Suponcic & Sharon Tennyson, 1995. "Rate Regulation and the Industrial Organization of Automobile Insurance," NBER Working Papers 5275, National Bureau of Economic Research, Inc.

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