Article ISI SCOPUS
Economics Letters  (2023)

Can transparency increase adverse selection? Evidence from an electronic platform for annuities

Fajnzylber, Eduardo; Willington, Manuel

Abstract

We show that the introduction of an electronic platform in the Chilean annuity market with the objectives of bringing transparency and enhancing competition also exacerbated adverse selection. The longevity gap between male annuitants and non-annuitants increased around 24 months. (c) 2023 Elsevier B.V. All rights reserved.

Más información

Título según WOS: Can transparency increase adverse selection? Evidence from an electronic platform for annuities
Título según SCOPUS: ID SCOPUS_ID:85159826944 Not found in local SCOPUS DB
Título de la Revista: Economics Letters
Volumen: 228
Editorial: ELSEVIER SCIENCE SA
Fecha de publicación: 2023
DOI:

10.1016/J.ECONLET.2023.111135
Notas: ISI, SCOPUS