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equilibrium as a result of a simple screening mechanism. A borrower has private information about her cost of bankruptcy, and a …
Persistent link: https://www.econbiz.de/10010751629
What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show that his results are robust: For a small information...
Persistent link: https://www.econbiz.de/10010968993
In the presence of scarce shelf space, retail grocers face the proliferation of new products and high failure rates. Accurately predicting the demand for a new product becomes increasingly difficult for retailers as the number of product offerings increases. This study explores slotting...
Persistent link: https://www.econbiz.de/10005579454
We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice, consumers can determine the precision of a privately observed signal that is informative about their accident risk. The equilibrium effort is, depending on parameter values, either...
Persistent link: https://www.econbiz.de/10010781638
What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show that his results are robust: For a small information...
Persistent link: https://www.econbiz.de/10011083449
We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice, consumers can determine the precision of a privately observed signal that is informative about their accident risk. The equilibrium effort is, depending on parameter values, either...
Persistent link: https://www.econbiz.de/10011084544
Purpose – This paper examines the activities carried out in the UK by credit refer agencies, current business practices …, and the legal standing of credit reporting. Design/methodology/approach – Legal analysis that aims to demonstrate that the … privacy rights, discrimination concerns, and the needs of the credit industry. Originality/value – Little or no research has …
Persistent link: https://www.econbiz.de/10004987622