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This article describes the anatomy of health insurance. It begins by considering the optimal design of health insurance policies. Such policies must make tradeoffs appropriately between risk sharing on the one hand and agency problems such as moral hazard (the incentive of people to seek more...
Persistent link: https://www.econbiz.de/10012471611
This article describes the anatomy of health insurance. It begins by considering the optimal design of health insurance policies. Such policies must make tradeoffs appropriately between risk sharing on the one hand and agency problems such as moral hazard (the incentive of people to seek more...
Persistent link: https://www.econbiz.de/10013216493
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Theory predicts that information sharing among lenders attenuates adverse selection and moral hazard, and can therefore …
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the countries' authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …
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