Narrow search
Showing 1 - 10 of 59,797
Cover Image
Chapter 5. Insurance and Insurance Markets
Dionne, Georges; Harrington, Scott E. - In: Handbook of the economics of risk and uncertainty : volume 1, (pp. 203-261). 2014
beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …
Persistent link: https://www.econbiz.de/10014025527
Cover Image
Adverse selection in the annuity market with sequential and simultaneous insurance demand
Brunner, Johann K.; Pech, Susanne - 2002 - Revised Version
-time pension insurance, we consider a model where for each period of retirement separate contracts can be purchased. Demand for the …
Persistent link: https://www.econbiz.de/10009750235
Cover Image
Adverse selection in the annuity market when payoffs vary over the time of retirement
Brunner, Johann K.; Pech, Susanne - 2000 - Revised Version
This paper investigates the effect of adverse selection and price competition on the private annuity market in a model with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the periods of retirement. Varying the time structure of the...
Persistent link: https://www.econbiz.de/10009750561
Cover Image
Adverse selection in the annuity market with sequential and simultaneous insurance demand
Brunner, Johann K.; Pech, Susanne - 2002
retirement. In order to introduce the existence of limited-time pension insurance, we assume that for each period of retirement …
Persistent link: https://www.econbiz.de/10011541030
Cover Image
Cohort Mortality Risk or Adverse Selection in the UK Annuity Market?
Cannon, E. S. - 2013
The "money's worth" measure has been used to assess whether annuities are fairly valued and also as evidence for adverse selection in the annuity market. However, a regulated life assurer with concerns about predicting long-run mortality may price annuities to reduce these risks which will...
Persistent link: https://www.econbiz.de/10013081487
Cover Image
Adverse selection in the annuity market with sequential and simultaneous insurance demand
Brunner, Johann K.; Pech, Susanne - 2002
retirement. In order to introduce the existence of limited-time pension insurance, we assume that for each period of retirement …
Persistent link: https://www.econbiz.de/10001731756
Cover Image
Adverse selection in the annuity market with sequential and simultaneous insurance demand
Brunner, Johann K.; Pech, Susanne - 2002
Persistent link: https://www.econbiz.de/10001698896
Cover Image
Adverse selection in the annuity market when payoffs vary over the time of retirement
Brunner, Johann K.; Pech, Susanne - 2000
Persistent link: https://www.econbiz.de/10001561166
Cover Image
Adverse selection in the annuity market when payoffs vary over the time of retirement
Brunner, Johann K.; Pech, Susanne - 2001
This paper investigates the effect of adverse selection and price competition on the private annuity market in a model with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the periods of retirement. Varying the time structure of the...
Persistent link: https://www.econbiz.de/10011397919
Cover Image
Adverse Selection in the Annuity Market When Payoffs Vary Over the Time of Retirement
Brunner, Johann K.; Pech, Susanne - 2021
This paper investigates the effect of adverse selection and price competition on the private annuity market in a model with two retirement periods. In this framework annuity companies can offer contracts with different payoffs over the periods of retirement. Varying the time structure of the...
Persistent link: https://www.econbiz.de/10013321137