about the probability of the event (reversed asymmetric information). We find that indemnity insurance tends to be welfare …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 …

about the probability of the event (reversed asymmetric information). We find that indemnity insurance tends to be welfare …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 …

In a laboratory experiment designed to capture key aspects of the interaction between physicians and patients in a … stylized way, we study the effects of medical insurance and competition in the guise of free choice of physician. Medical … treatment is an example of a credence good: only the physician (but not the patient) knows the appropriate treatment, and even …