Asheim, Geir B.; Nilssen, Tore; Emblem, Anne Wenche - Helseøkonomisk Forskningsprogram (HERO), Universitetet … - 2009
We study a health-insurance market where individuals are offered coverage against both medical expenditures and losses in income. Individuals vary in their level of innate ability. If there is private information about the probability of illness and an individual’s innate ability is...