Similar Search Results

Preference heterogeneity and insurance markets : explaining a puzzle of insurance

Cutler, David M.; Finkelstein, Amy; McGarry, Kathleen - 2008

"Standard theories of insurance, dating from Rothschild and Stiglitz (1976), stress the role of adverse selection in explaining the decision to purchase insurance. In these models, higher risk people buy full or near-full insurance, while lower risk people buy less complete coverage, if they buy...

Persistent link: https://www.econbiz.de/10003642052

Preference heterogeneity and insurance markets : explaining a puzzle of insurance

Cutler, David M.; Finkelstein, Amy; McGarry, Kathleen - In: The American economic review 98 (2008) 2, pp. 157-162

Persistent link: https://www.econbiz.de/10003730110

Notes and communications: banks prospered against the odds : why?

Wensveen, Dick van - In: De economist : Netherlands economic review ; quarterly … 156 (2008) 3, pp. 307-338

Persistent link: https://www.econbiz.de/10003792071

Endogenous growth and adverse selection in entrepreneurship

Plehn-Dujowich, Jose M. - In: Journal of economic dynamics & control 33 (2009) 7, pp. 1419-1436

Persistent link: https://www.econbiz.de/10003846772

Does asymmetric information drive capital structure decisions?

Bharath, Sreedhar T.; Pasquariello, Paolo; Wu, Guojun - In: The review of financial studies 22 (2009) 8, pp. 3211-3243

Persistent link: https://www.econbiz.de/10003868568

A sour lemon story

Lott, John R. - In: Readings in applied microeconomics : the power of the market, (pp. 299-302). 2009

Persistent link: https://www.econbiz.de/10003906388

Private deception and the rise of public employment offices in the United States, 1890 - 1930

Lee, Woong - In: Studies of labor market intermediation, (pp. 155-181). 2009

Persistent link: https://www.econbiz.de/10003910433

The adverse selection component of exchange traded funds

Chelley-Steeley, Patricia L.; Park, Keebong - In: International review of financial analysis 19 (2010) 1, pp. 65-76

Persistent link: https://www.econbiz.de/10008668718

Is information risk priced for NASDAQ-listed stocks?

Fuller, Kathleen P.; Van Ness, Bonnie F.; Van Ness, … - In: Review of quantitative finance and accounting 34 (2010) 3, pp. 301-312

Persistent link: https://www.econbiz.de/10003970040

Financial expertise as an arms race

Glode, Vincent; Green, Richard C.; Lowery, Richard - 2010 - Rev.

We show that firms intermediating trade have incentives to overinvest in financial expertise, and that these investments can be destabilizing. Financial expertise in our model improves firms' ability to accurately estimate value when trading a security. It creates adverse selection, which under...

Persistent link: https://www.econbiz.de/10003955258