An examination of Turkish insurance industry in light of information asymmetry

Download

index.pdf

Date

2005

Author

Aygen, Mehmet Fırat

Metadata

Show full item record

Item Usage Stats

162
views

54
downloads

The objective of this study is to understand information asymmetry concept with its causes and consequences and its effects on insurance business especially in Turkey. Perfect markets, moral hazard, adverse selection, market signaling, and guarantee concepts are important to have a better examination of asymmetric information as a whole and there are many examples of these concepts faced in insurance sector. In order to have a closer look to Turkish insurance business, some insurance companies are chosen randomly and their general performance, types of information they demand their customers to give and the relation between them are studied. Consequently, it is seen that both companies and customers suffer from asymmetric information. However, there are, of course, some solution suggestions to decrease information asymmetry. A number of these solutions are easy to apply in Turkish market and some others are not that applicable. Therefore, it can be said that the important thing here is to find adaptable solutions not to lengthen the list and waste time by suggesting brilliant but useless ones.

Subject Keywords

General Social Sciences.

URI

http://etd.lib.metu.edu.tr/upload/12606619/index.pdf
https://hdl.handle.net/11511/15557

Collections

Graduate School of Social Sciences, Thesis

Suggestions

OpenMETU
Core

An evolution of the human rights policy of the European Union Noyan, Gülnur; Dağı, İhsan Duran; Department of International Relations (2006) This thesis concentrates on the development of human rights policy of the European Economic Communities(EEC) within its transformation process into a political organization. the assumption underlying this study is that the EEC was established following World War II as a regional solution that would enable the restructuring of Europe on the bases of power, stability, and peace. this thesis deals with enlargement as a security-oriented strategy, while, at the same time, it endeavors to analyze the EEC treatme...
Consequentialist versus deontological ethical dispositions of Turkish banking sector managers : comparing a public and a private bank Karaoğlu (Kırbaşlı), Dilşad; Üstüner, Mustafa Yılmaz; Department of Political Science and Public Administration (2006) The aim of this thesis is to see in a descriptive manner, whether there is a difference in the ethical disposition of public and private banking sector managers in Türkiye, according to two ethical theories: consequentialism (based on the consequences of the action) and deontologism (based on principles). The study analyzes the preferences of the managers both in the way of thinking and acting to see whether people act consistently with their way of thinking. The degree of validity of consequentialism/deont...
The formation and consolidation of Pamiri ethnic identity in Tajikistan Davlatshoev, Suhrobsho; Tokluoğlu, Ayşe Ceylan; Department of Eurasian Studies (2006) The aim of this study is to examine the formation and consolidation of the Pamiri people in Tajikistan. The research focuses on two topics. The first is to compare the primordialist and constructionist schools over the question of the features individuating ethnic groups. The formation of Pamiri ethnic identity during the Soviet rule was selected as a case study of this thesis. The second topic of this study is to examine the formation of Pamiri ethnic identity and the factors that contributed for its conso...
Dynamics and evolution of European Union's Middle East policy Dersan, Duygu; Kibaroğlu, Ayşegül; Department of Middle East Studies (2006) This thesis aims to analyze the development of the collective policies of the European Union towards the Middle East by focusing on the reasons behind the formulation of these policies, and the degree of success, failure and prospects of these policies. The general success of the European Community in the 1970s created a desire for European states to form a coordinated European foreign policy. Since the 1970s, the Community started to show willingness to shape international events and to strengthen its inte...
An analysis of of the Romanian public affairs management in the accession process Septar, Leila; Türkeş, Mustafa; Department of European Studies (2006) This thesis analyzes the lobbying process taking place within the comitology committees of the European Union responsible with the the implementation process of the employment policy. It presents a critical view on the EU decision-making and implementation processes by studing the way these could be influenced by using public affairs management instruments. The European Union accession negotiations of the Romanian case is taken as a case study to exemplify on the professionalism of a lobby group in formatio...

Citation Formats

M. F. Aygen, “An examination of Turkish insurance industry in light of information asymmetry,” M.B.A. - Master of Business Administration, Middle East Technical University, 2005.