Construct · 1 fields · 1 citations

lapse-based insurance: a standalone construct

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Insurance economics

life insurance pricing that depends on many policyholders letting policies lapse, studied as a response to consumer misprediction.

In insurance economics, lapse-based insurance refers to life insurance pricing that depends on many policyholders letting policies lapse, studied as a response to consumer misprediction. This meaning comes from Gottlieb (2021) in American Economic Review.[1]

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Nearby constructs

lapse4 fields · 4 citationsjingle · one word, four constructs response4 fields · 4 citationsjingle · one word, four constructs

References

Gottlieb, D., & Smetters, K. (2021). Lapse-Based Insurance. American Economic Review, 111(8), 2377-2416. https://doi.org/10.1257/aer.20160868

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