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 …

, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective …

This paper examines how stringent de facto firing regulations affect firm size throughout the developing world. We …

monopsony power of firms, even though regulation generates lower employment and income. Empirically, we do find that individuals … first century and family values prevailing before World War II, which suggests that labor market regulations have deep …

regulation to an international agent eliminates that distortion, increasing wages and aggregate welfare …

private insurance markets offer full coverage at fair rates, social insurance is desirable if and only if risk and … examine the role of uniform and nonuniform social insurance to supplement a general income tax when neither public nor private … (1971) equilibrium emerges in the private insurance market and low-wage/low-risk individuals are not fully insured. We show …

The employer-sponsored life insurance (ESLI) market is particularly susceptible to adverse selection due to community …

product and labor markets and the general absence of regulation in the economy. The first approach employs meta-analysis data …