Construct · 1 fields · 1 citations

insurer ambiguity: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
insurerambiguity1 CONSTRUCTInsurer ambiguityKUNREUTHER · INSURANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Insurance economics

insurers' tendency to charge more or decline coverage when loss probabilities are vague rather than well known.

In insurance economics, insurer ambiguity refers to insurers' tendency to charge more or decline coverage when loss probabilities are vague rather than well known. This meaning comes from Kunreuther (1993) in Journal of Risk and Uncertainty.[1]

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Nearby constructs

ambiguity5 fields · 6 citationsjingle · one word, five constructscharge1 fields · 2 citationsanchor · a standalone constructcoverage3 fields · 3 citationsjingle · one word, three constructs

References

  1. Kunreuther, H., Hogarth, R., & Meszaros, J. (1993). Insurer ambiguity and market failure. Journal of Risk and Uncertainty, 7(1), 71-87. https://doi.org/10.1007/bf01065315

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