Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10003812913
Persistent link: https://www.econbiz.de/10009579317
Persistent link: https://www.econbiz.de/10009559960
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/10013194432
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
Persistent link: https://www.econbiz.de/10013205304
Persistent link: https://www.econbiz.de/10010210783
Persistent link: https://www.econbiz.de/10009632421