Boyer, M.; Dionne, G.; Kihlstrom, R. - Département de Sciences Économiques, Université de … - 1986
Information Between the Insured and the Insurer. Experience Rating Is Treated As the Acquisition of Information by Both Parties to … the Insurance Contract. When the Insured Buys Insurance Before Information Is Revealed, He Buys Two Types of Insurance … Second Type of Insurance. However, Information Does Not Always Reduce Welfare. We Show That When the Insured Engages Is …