This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex …

We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …

adverse selection in a market for supplementary health insurance. For this we specify and estimate dynamic models for health … insurance decisions and health care utilization. Estimates of the health care utilization models indicate that moral hazard is …

worker buys an insurance, which gives a constant income and retirement benefits in exchange for the total output. The level …

contracts to crowd out implicit insurance, even though the latter yields higher welfare.Integrating the principal-agent and …

This discussion paper led to a publication in the <I>Journal of Risk and Insurance</I>. Vol. 72(1), pages 45-59.<P> We … take a dynamic perspective on insurance markets under adverseselection and study a generalized Rothschildand Stiglitz model … unconditional dynamiccontract has insurance companies offeringcontracts where the terms of the contract depend on time, but not …

the insurance sector. The downside risk of insurers is explicitly modelled by common and idiosyncratic risk factors. Since … results point to a relatively low insurance sector wide risk. Dependence among insurers is higher than among reinsurers. …