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Persistent link: https://www.econbiz.de/10003882152

When are ghettos bad? : Lessons from immigrant segregation in the United States

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Preference heterogeneity and insurance markets : explaining a puzzle of insurance

Cutler, David M.; Finkelstein, Amy; McGarry, Kathleen - 2008

"Standard theories of insurance, dating from Rothschild and Stiglitz (1976), stress the role of adverse selection in explaining the decision to purchase insurance. In these models, higher risk people buy full or near-full insurance, while lower risk people buy less complete coverage, if they buy...