Search, adverse selection, and the services of financial experts

Financial Services Review, Winter 2003 by Ligon, James A

Posey, L. L., & Tennyson, S. (1998). The coexistence of distribution systems under price search: Theory and some evidence from insurance. Journal of Economic Behavior and Organization, 35, 95-115.

Posey, L. L., & Yavas, A. (1995). A search model of marketing systems in property-liability insurance. Journal of Risk and Insurance, 62, 666-689.

Williams, J. T. (1995). Pricing real assets with costly search. Review of Financial Studies, 8, 55-90.

Wolinsky, A. (1993). Competition in a market for informed experts' services. Rand Journal of Economics, 24, 380-398.

Zephirin, M. G. (1994). Switching costs in the deposit market. Economic Journal, 104, 455-461.

James A. Ligon*

Department of Economies, Finance & Legal Studies, The University of Alabama, Tuscalooxa, AL 35487-0224, USA

Accepted 8 September 2003

*Tel.: 1-205-348-6313; fax: 1-205-348-0590.

E-mail address: jligon@cba.ua.edu (J.A. Ligon).

Copyright Academy of Financial Services Winter 2003
Provided by ProQuest Information and Learning Company. All rights Reserved
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
Click Here
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement

Content provided in partnership with ProQuest