where the inability to commit to contracts in the informal sector leads to employer market power in equilibrium, while an …

Job displacement insurance typically includes both unemployment benefits and lump-sum severance pay, and each has … provoked policy concerns. Unemployment insurance concerns have centered on distorted job search/offer acceptance decisions by … insurance. In a limited information environment, the distribution of job displacement insurance between the two benefit types …

We develop a new approach to quantify how patients respond to dynamic incentives in health insurance contracts with a … contracts reset at the beginning of the year, and cost-sharing limits change over the years. Using rich claims-level data from a …

front-loaded contracts respond to newly mandated portability requirements of their old-age provisions. To foster competition …We study theoretically and empirically how consumers in an individual private longterm health insurance market with …

creation, substitution effects some jobs that are otherwise viable under regular contracts are advertised as ZHCs are sizable …

We characterize how public insurance schemes are constrained by hidden financial transactions. When non …-exclusive private insurance entails increasing unit transaction costs, public transfers are only partly offset by hidden private … of insurance on unobservable effort and saving choices as well as the relative cost of public and private insurance …

This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy … trusting plays an important role. Trust is clearly associated with greater willingness to pay for insurance. Unlike in previous … of breach is negligible. However, as for much B2C insurance marketing, face-to-face selling plays a crucial role in our …