We propose a novel explanation for how pre-trial mediation might increase the likelihood of settlement. The mediator … reveal information and increases settlement rates. We then compare total dispute resolution costs without mediation, with …

Insurance for natural hazards - earthquakes, hurricanes, or pandemics - is rarely comprehensively adopted without …. Efforts to close this insurance gap include the introduction of parametric (index) insurance products for various catastrophic … risks. We compare parametric to indemnity insurance in a simple model where the insurance company has superior information …

high-load insurance against modest stakes risks. Mandatory information disclosure is a potentially attractive public policy … tool that might improve consumers' choices, but has not been widely tested in insurance settings. We conduct an incentive …-compatible insurance demand experiment in which we manipulate the information disclosed to subjects. We test whether any of the three most …

Villeneuve (2005, European Economic Review 49, 321-340). While Villeneuve produces interesting results on insurance contracts …

's (1976) model of competitive insurance. I allow for stochastic contract offers by insurance firms and show that a unique …

Funeral Aid Associations (FAAs) in Northeast Thailand offer micro funeral insurance at affordable premium levels while … the insurance. Compared to many other micro insurance schemes, however, FAAs do not seem to face adverse effects of this … of a sufficient number of low-risk individuals, who deliberately buy insurance despite what their risk types would advice …

to a catastrophe. Distinct from the existing literature on insurance cycles, we model optimal contracting by competitive … insurance cycle …

tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …