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 …

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 …

We investigate the effect of firms' participation in an insurance scheme on the long-term sickness absence of their … two weeks of sickness. The insurance scheme is provided by government authority and is designed to help small firms with … that the minimum cost of the present insurance scheme is similar to about 1100 man-years. On top of that comes a …

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

.A fraction of the fat tax proceeds is "earmarked" to reduce health insurance premiums while the remaining fraction finances a …

uncertainty decreases the rate of efficient service provision and leads to less trade. In theory, insurance also decreases the … that considers both diagnostic uncertainty of sellers and the effects of insurance coverage of consumers in a unified … framework. We test the model's predictions in a laboratory experiment. Both in theory and in the experiment diagnostic …