@article{Ker:21898,
      recid = {21898},
      author = {Ker, Alan P. and Ergun, A. Tolga},
      title = {ON THE REVELATION OF ASYMMETRIC INFORMATION OF THE PRIVATE  INSURANCE COMPANIES IN THE US CROP INSURANCE PROGRAM},
      address = {2003},
      number = {376-2016-20441},
      series = {Selected Paper},
      pages = {24},
      year = {2003},
      abstract = {The participation of intermediaries in either public  policy or private markets can be justified on the basis of  efficiency gains.  With respect to private insurance  company involvement in the U.S. crop insurance program,  efficiency gains may arise from either decreased  transaction costs through better established delivery  channels and/or the revelation of asymmetric information.   Although anecdotal evidence indicates that delivery costs  are excessive that question is better left for forensic  accountants.  We focus on the revelation of asymmetric  information.  Specifically, we test if insurance companies  reveal asymmetric information to the government via their  allocation decisions and discuss the policy implications.},
      url = {http://ageconsearch.umn.edu/record/21898},
      doi = {https://doi.org/10.22004/ag.econ.21898},
}