Is it likely to improve social welfare

Reference no: EM131499719

Question: Recently. The California Insurance Commissioner proposed a regulation that would reduce the ability of insurers to use geographic location in determining automobile insurance rates. The change would raise the insurance rates of rural and suburban residents, and lower the rates of urban residents. Is such a policy efficient? Is it likely to improve social welfare?

Reference no: EM131499719

Questions Cloud

Determine how each type of advertising strategy would be use : Select one product and determine how each type of advertising strategy would be used. Incorporate concepts and examples from this week's lecture in your post.

The lease agreement qualifies as capital lease : The lease agreement qualifies as a capital lease and calls for Blue to make semiannual lease payments of $281,454 over a three-year lease term,

What are your strength in communication in professional life : Module Assignment: Career Development- What are your strengths in communication in your professional life? What are your weaknesses?

What are the key milestones and checkpoints in your plan : Consider the following topic areas and questions as you work on your Personal Business Plan. What are the key milestones and checkpoints in your plan

Is it likely to improve social welfare : Recently. The California Insurance Commissioner proposed a regulation that would reduce the ability of insurers to use geographic location in determining.

How do sin taxes relate to the notion of merit goods : In recent years, a number of .states have instituted taxes on patrons of nude and topless dance bars. Such taxes are known as "sin taxes," because they target.

What is holding period yield on your investment : The YTM on a bond is the interest rate you earn on your investment if interest rates don't change. what is the holding period yield on your investment?

Can you rationalize government policy of welfare economics : In each case listed below, can you rationalize the government policy on the basis of welfare economics?

Portfolio standard deviation for a four-stock portfolio : If you want to know the portfolio standard deviation for a four-stock portfolio,

User Account

All Pages