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Efficiency of competition in insurance markets with adverse selection

DE FEO, Giuseppe; HINDRIKS, Jean - Center for Operations Research and Econometrics (CORE), … - 2005

There is a general presumption that competition is a good thing. In this paper we show that competition in the insurance markets can be bad when there is adverse selection. Using the dual theory of choice under risk, we are able to fully characterize both the competitive and the monopoly market...

Persistent link: https://www.econbiz.de/10005008696

INFORMATIVE ADVERTISING AND COMPETITION: A NON-COOPERATIVE APPROACH

GARY-BOBO, R.J.; MICHEL, P. - Center for Operations Research and Econometrics (CORE), … - 1988

Persistent link: https://www.econbiz.de/10005633982

Generic Existence of Competitive Equilibria when the Asset Market in Incomplete: A Symmetric Argument.

Polemarchakis, H.M.; Siconolfi, P. - Center for Operations Research and Econometrics (CORE), … - 1993

Persistent link: https://www.econbiz.de/10005633983

Markets, Arbitrage and Social Choice.

Chichilinsky, G. - Center for Operations Research and Econometrics (CORE), … - 1993

Persistent link: https://www.econbiz.de/10005633991

General Equilibrium Concepts Under Imperfect Competition: A Cournotian Approach.

D'Aspremont, C.; Dos Santos Ferreira, R.; Gerard-Varet, L.A. - Center for Operations Research and Econometrics (CORE), … - 1992

Persistent link: https://www.econbiz.de/10005634008

Delegation in a Vertically Differentiated Duopoly.

Barros, F.; Grilo, I. - Center for Operations Research and Econometrics (CORE), … - 1993

Persistent link: https://www.econbiz.de/10005634060

CAPACITY ADJUSTMENTS UNDER DEMAND FLUCTUATIONS: AN EXAMPLE.

GABSZEWICZ, J.J.; MICHEL, P. - Center for Operations Research and Econometrics (CORE), … - 1989

Persistent link: https://www.econbiz.de/10005634092

QUALITY UNCERTAINTY AND PRICE COMPETITION.

GABSZEWICZ, J.J.; GRILO, I. - Center for Operations Research and Econometrics (CORE), … - 1989

Persistent link: https://www.econbiz.de/10005634153

Imperfect Competition , Rational Expectations and Unemployment.

D'Asprument, C.; Dos Santos Ferreira, R.; Grand-Varet, L.A. - Center for Operations Research and Econometrics (CORE), … - 1990

Persistent link: https://www.econbiz.de/10005634182

CORES IN IMPERFECTLY COMPETITIVE ECONOMIES

GABSZEWICZ, J.J.; SHITOVITZ, B. - Center for Operations Research and Econometrics (CORE), … - 1988

Persistent link: https://www.econbiz.de/10005634191