link public financing and private insurance to pay for certain social goods. Where the financing for social goods is … the insurance industry if certain conditions are met. Private insurers must perceive benefits to the partnership …

This paper investigates the incentive effects of automobile insurance, compulsory insurance laws, and no … 1970-1998, a period in which many states adopted compulsory insurance regulations and/or no-fault laws. Using an … instrumental variables approach, we find evidence that automobile insurance has moral hazard costs, leading to an increase in …

This paper investigates the incentive effects of automobile insurance, compulsory insurance laws, and no … 1970-1998, a period in which many states adopted compulsory insurance regulations and/or no-fault laws. Using an … instrumental variables approach, we find evidence that automobile insurance has moral hazard costs, leading to an increase in …

This article explores the potential value of insurance as a substitute for government regulation of safety. Successful …. In some areas, the private insurance sector has technological advantages in collecting and administering the information … explores several areas in which regulation and other government-oriented forms of control are replaced by private insurance …