New Perspectives on Insurance
这篇特刊文章基于2020年NBER保险工作组与公司金融项目的联合会议，探讨了保险市场中的信任、利益冲突、投保人行为及资本监管等关键摩擦，并展望了未来研究方向。
Abstract This special issue originates from a dual submission conference with the NBER Insurance Working Group and the Corporate Finance Program in 2020. It brings a broader perspective on important frictions in insurance markets, including trust between insurers and policyholders, conflicts of interest among brokers, suboptimal policyholder behavior, and risk-based capital regulation. Several developments in the economy and the academic literature have provided an impetus for new perspectives, including the growth of savings products with minimum return guarantees, the global financial crisis, and intermediary asset pricing. We conclude with an overview of research questions that are promising for further exploration.