Information Exchange in the Italian Insurance Market in the Framework of the EU BER

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Alessandra Tonazzi, May 27, 2008

It is generally recognized that information sharing can produce pro-competitive effects in markets characterized by information asymmetries, by reducing uncertainty and competitive risks. When, as it is the case in the insurance market, firms do not know their customers characteristics, it can be beneficial to collect and pool information about customers with other firms in order to achieve a bette