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Corporate insurance and managerial incentives

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Incentives and performance in the presence of wealth effects and endogenous risk

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Ex ante payments in self-enforcing risk-sharing contracts

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Generalized risk-dominance and asymmetric dynamics

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Adverse selection in the annuity market with sequential and simultaneous insurance demand

Brunner, Johann K.; Pech, Susanne - 2002

This paper investigates the effect of adverse selection on the private annuity market in a model with two periods of retirement. In order to introduce the existence of limited-time pension insurance, we assume that for each period of retirement separate contracts can be purchased. Demand for the...

Persistent link: https://www.econbiz.de/10011541030