We study an insurance model characterized by a continuum of risk types, private information and a competitive supply … of the information provided by the insuree. Smoking in life insurance is our leading example: there are different rates …

Funeral Aid Associations (FAAs) in Northeast Thailand offer micro funeral insurance at affordable premium levels while … the insurance. Compared to many other micro insurance schemes, however, FAAs do not seem to face adverse effects of this … of a sufficient number of low-risk individuals, who deliberately buy insurance despite what their risk types would advice …

beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …

form of an insurance contract to impose partial insurance of the low risks. This paper contributes to the discussion on … optimal insurance. It analyzes two basic forms of insurance contracts: A contract with a deductible and a contract imposing a … positive co-insurance rate. Since high risks can always self-reveal themselves as high risks and buy the optimal insurance …

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

beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and then summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …

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

This paper considers optimal insurance schemes in a principal-agent multi-dimensional environment in which two types of … the questions we study can only be posed in the more general framework. The main results obtained for optimal insurance … schemes are: (i) Insurance schemes preserve the order of certainty equivalents; consequently, the latter constitute a one …

to a catastrophe. Distinct from the existing literature on insurance cycles, we model optimal contracting by competitive … insurance cycle …