We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

We study a monopoly insurance model with endogenous information acquisition. Through a continuous e ort choice …

We study insurers’ behavior under monopoly and Cournot duopoly when they canaffect the probability or magnitude of harm … demandfunction determine whether Cournot duopolists increase risk more, or less, thana monopoly insurer or a collusive industry. When …