Boyer, M.; Dionne, G.; Kihlstrom, R. - Département de Sciences Économiques, Université de … - 1986
This Article Investigates the Practice of Experience Rating by Insurance Companies in the Presence of Symmetric … 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 …