Die Vorteile des Staatsmonopols in der Gebäudeversicherung: Erfahrungen aus Deutschland und der Schweiz

Details

Serval ID
serval:BIB_D10C3D2C47AE
Type
Article: article from journal or magazin.
Collection
Publications
Institution
Title
Die Vorteile des Staatsmonopols in der Gebäudeversicherung: Erfahrungen aus Deutschland und der Schweiz
Journal
Perspektiven der Wirschaftspolitik
Author(s)
Von Ungern-Sternberg T.
ISSN
1468-2516
Publication state
Published
Issued date
2001
Peer-reviewed
Oui
Volume
2
Number
1
Pages
31-44
Language
german
Abstract
This paper compares the prices charged and the quality of service provided by state monopolies and private insurance companies on the property insurance market. Both the cross-section data from Switzerland and the time-series evidence from Germany strongly suggest that in this specific market the presence of state monopolies is very advantageous for the customers. This raises the question why German academic economists made practically no effort to defend their state insurance monopolies in the debate about the 3rd EU directive on property insurance. Is it possible that peer pressure prevents academic economists from standing up to defend state monopolies, even if these are clearly to the benefit of consumers?
Create date
19/11/2007 10:48
Last modification date
20/08/2019 15:51
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