This paper deals with the economic and technical impact of the insurance constraint on the optimal insurance contracts. We show that restricting the set of admissible indemnity fucntions to those that do not allow fo indemnities larger than the damage does not invalidate the Pareto-optimality of...

Recent studies do not agree on the possible relationship between medical conditions and traffic safety; most of them do not control for exposure factors. In this study, we estimate the effect of different medical conditions (namely diabetes, high blood pressure, coronary disease and monocular...