Wharton Study Finds Agents, Brokers Play Critical Role in Buying Process
National News • June 8, 2005
Profit-based contingent commissions align the interests of independent agents and brokers and the insurer so that correct pricing of policies is achieved, thereby alleviating adverse selection, ...
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Subject: Bias? What Bias
Posted On: June 9, 2005, 8:29 am CDT
Posted By: LLCJ
Comment:
Some have asserted here that this study was sponsored by the industry. It was not. Some have said that Wharton has a bias. What is that? They are a large and prestigious business school. Is that their bias? Is anything capitalistic biased?
Their conclusions are not only intuitive (i.e. I could have come up with the same thoughts without research) but thorough.
Performance based compensation methods are almost always win win for the industry in which they are a part.
Subject: Bias? What Bias
Their conclusions are not only intuitive (i.e. I could have come up with the same thoughts without research) but thorough.
Performance based compensation methods are almost always win win for the industry in which they are a part.