Similar Search Results

Complementarity and Substituability in Multiple-Risk Insurance Markets.

Koehl, Pierre-François; Villeneuve, Bertrand - Université Paris-Dauphine - 2001

We study imperfect competition between insurers in a multiple-risk environment. In the absence of asymmetric information, equilibria are efficient, and we determine the degrees of specialization under which the specialized insurers are able or unable to capture the surplus. We show in contrast...

Persistent link: https://www.econbiz.de/10008773599

Do insurance defrauders want to be punished ?.

Alary, David; Besfamille, Martin - Université Paris-Dauphine

We analyze a Principal-Agent model of an insurer who faces an adverse selection problem. He is unable to observe if his client has a high risk or a low risk of having an accident. At the underwriting of the contract, the insurer requests the client to declare his risk. After that, the former can...

Persistent link: https://www.econbiz.de/10009385953

The Impact of Crossing on Market Quality : an Empirical Study on the UK Market.

Gresse, Carole - Université Paris-Dauphine

Persistent link: https://www.econbiz.de/10008572187

Competition between insurers with superior information.

Villeneuve, Bertrand - Université Paris-Dauphine - 2005

We analyze markets where insurers are better informed about risk than consumers. We show that even competitive markets may result in insufficient information revelation and inefficient insurance coverage. This explains why certain risky consumers remain uninsured and why certain market segments...

Persistent link: https://www.econbiz.de/10008773602

Optimal risk-sharing under adverse selection and imperfect risk perception.

Chassagnon, Arnold; Villeneuve, Bertrand - Université Paris-Dauphine - 2005

Cet article examine en détail les allocations d’assurance de second-rang dans une économie soumise à l’antisélection. Partant d’une extension naturelle du modèle classique, nous supposons une perception imparfaite du risque. Nous caractérisons les contraintes qui s’exercent sur la...

Persistent link: https://www.econbiz.de/10008783687

Insurance contracts with imprecise probabilities and adverse selection.

Jeleva, Meglena; Villeneuve, Bertrand - Université Paris-Dauphine - 2004

This article deals with optimal insurance contracts in the framework of imprecise probabilities and adverse selection. Agents differ not only in the objective risk they face but also in the perception of risk. In monopoly, a range of configurations that VNM preferences preclude appears: a...

Persistent link: https://www.econbiz.de/10008783693

A note on wage differentials, fixed-wages and adverse selection.

Carlier, Guillaume; Gaumont, Damien - Université Paris-Dauphine - 2002

Using a substitution property of worker’s types (productivity and time preference), we propose an explanation for both fixed-wages and wage differentials. Fixed-wages result in bunching at the optimum. Equally productive workers with different time preference accept different wages.

Persistent link: https://www.econbiz.de/10009019019

Communication sociétale des enseignes, le consommateur est-il toujours dupe ? le rôle de la réputation.

Parguel, Béatrice; Benoît-Moreau, Florence - Université Paris-Dauphine

questionnée. Mobilisant la théorie de l’attribution, cette recherche examine l’impact de la réputation de l’entreprise sur la … communication sociétale sur le capital-marque lorsqu’une enseigne pâtit d’une mauvaise réputation. En revanche, en cas de bonne … réputation, les consommateurs infèrent des motivations internes dans la prise de parole de l’enseigne, ce qui influence la …

Persistent link: https://www.econbiz.de/10008532452

Reputation Capital, Financial Capital, and Transition to Entrepreneurship.

Loss, Frédéric; Renucci, Antoine - Université Paris-Dauphine

show that they need a sufficient mix of reputation and financial capital. We consider their choice to work for transparent … eases the updating of the employees'reputation, which is positive for those with a bad initial reputation and negative … for setting a business venture. Employees thus adopt strategies that depend on their initial reputation. We also show that …

Persistent link: https://www.econbiz.de/10008532589

The impact of ICT sophistication on geographically distant networks: the case of space physics as seen from France.

Gallié, Emilie-Pauline; Guichard, Renelle - Université Paris-Dauphine

analyse the role and the development of trust and then, the relation between the degree of sophistication of Information and …

Persistent link: https://www.econbiz.de/10009320602