Choosing between Alternative Motor Insurance Policies: A Discrete Choice Experiment

The research expounds the use of Discrete Choice Experiment (DCE) approach and Random Utility Theory (RUT) in analyzing alternative motor insurance policy choice behaviour for drivers in Sunyani municipality in Brong-Ahafo, Ghana. We design a DCE to identify the factors (premium cost, claims settlem...

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Bibliographic Details
Main Authors: Charles Kwofie, Dieu Donne Yormekpe, Samuel Osei Mensah, Priscilla Botchway
Format: Article
Language:English
Published: Hindawi Limited 2018-01-01
Series:International Journal of Mathematics and Mathematical Sciences
Online Access:http://dx.doi.org/10.1155/2018/4587987