We take a dynamic perspective on insurance markets under adverseselection and study a generalized Rothschildand … dynamic contracts. An unconditional dynamiccontract has insurance companies offeringcontracts where the terms of the contract … on individualpast performance (like in car insurances). Weinvestigate whether allowing insurance companies to offer …

This paper investigates the impact of insurance contract design on the behavior of filing fraudulent claims in an … experimental setup. We test how fraud behavior varies for insurance contracts with full coverage, a straight deductible or variable … extent of claim build-up compared to full coverage contracts. In contrast, bonus-malus contracts with variable insurance …

We examine insurance markets with two types of customers: those who regret suboptimal decisions and those who don.t. In … positive correlation between the amount of insurance coverage and risk type, as in the standard economic models of adverse … selection, but there also exist separating equilibria that predict a negative correlation between the amount of insurance …

A central theme in the international debate on genetic testing concerns the extent to which insurance companies should … be allowed to use genetic information in their design of insurance contracts. We analyze this issue within a model with …

Most insurance companies publish few data on the occurrence and detection of insurance fraud. This stands in contrast … uncertainty about fraud detection can be an effective strategy to deter ambiguity-averse agents from reporting false insurance …

Most insurance companies publish few data on the occurrence and detection of insurance fraud. This stands in contrast … uncertainty about fraud detection can be an effective strategy to deter ambiguity-averse agents from reporting false insurance …

marriage as well as for a precautionary attitude towards risk. - Consumption Insurance ; Marriage …

schwerwiegenden Problemen. Im Rahmen des vorliegenden Beitrags wird zum einen erläutert, warum Versicherungsbetrug als ein …Fraudulent claims are a well-known phenomenon and a serious problem in some insurance markets. The purpose of this … paper is twofold. First of all, it explains why insurance fraud can be considered as a contractual problem. Consequently …