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insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the …
Persistent link: https://www.econbiz.de/10010294631
We study an insurance model characterized by a continuum of risk types, private information and a competitive supply …
Persistent link: https://www.econbiz.de/10010325544
insureds in automobile insurance markets both for perfect competition and for monopoly. Specifically, we assume that insurers …
Persistent link: https://www.econbiz.de/10010263026
insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the …
Persistent link: https://www.econbiz.de/10010263040
We conduct a stated-choice experiment where respondents are asked to rate various insurance products aimed to protect … equilibrium for long-term care insurance using the framework developped by Einav et al. (2010). We investigate in turn causes for … the low observed take-up of long-term care insurance in Canada despite substantial residual out-of-pocket financial risk …
Persistent link: https://www.econbiz.de/10011777563
We consider a competitive insurance market with adverse selection. Unlike the standard models, we assume that … limited liability afforded via bankruptcy laws. Government assistance is calculated ex post of any insurance benefits. This … alters the individuals? demand for insurance coverage. In turn, this affects equilibria in various insurance models of …
Persistent link: https://www.econbiz.de/10010261214