Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10003545009
Persistent link: https://www.econbiz.de/10003983805
Persistent link: https://www.econbiz.de/10009522056
Persistent link: https://www.econbiz.de/10009425118
Persistent link: https://www.econbiz.de/10008750027
Persistent link: https://www.econbiz.de/10003391236
Persistent link: https://www.econbiz.de/10001720944
Persistent link: https://www.econbiz.de/10013202869
Persistent link: https://www.econbiz.de/10013202951
Advantageous (or propitious) selection occurs when an increase in the premium of an insurance contract induces high-cost agents to quit, thereby reducing the average cost among remaining buyers. Hemenway (1990) and many subsequent contributions motivate its advent by differences in risk-aversion...
Persistent link: https://www.econbiz.de/10013205047