This paper deals with the phenomenon of risk-selection and its appearance in the german compulsory health insurance …

This paper deals with the phenomenon of risk-selection and its appearance in the german compulsory health insurance …

This paper deals with the phenomenon of risk-selection and its appearance in the german compulsory health insurance …

no market insurance exists. The vulnerability to food insecurity influences the individual utility from health insuring …. -- Food insecurity ; Health insurance ; Competing risks ; Bivariate Probit …This paper explores the interactions between the risk of food insecurity and the decision to health insure in the …

and car insurance using data from the UK. The main empirical results are: ? higher labor income risk induces a higher … demand for car insurance. ? the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

preferences. Full insurance cannot be rejected. As the risk-sharing as-if-complete-markets theory might predict, estimated risk …

We measure the extent of consumption insurance to income shocks accounting for high-order moments of the income … distribution. We derive a nonlinear consumption function, in which the extent of insurance varies with the sign and magnitude of …

and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more …

The Expected Shortfall (ES) is one of the most important regulatory risk measures in finance, insurance, and statistics …. Meanwhile, there is large literature on insurance design with ES as an objective or a constraint. A visible gap is to justify … the special role of ES in insurance and actuarial science. To fill this gap, we study characterization of risk measures …