to all contracts, not only insurance contracts. The article describes how insurance law currently draws the line between … courts decide which rules of insurance law, or terms in insurance contracts, are mandatory and which are defaults. Finally … questions can be posed with respect to the rules of insurance law. Although previous scholars have examined particular …

firms can deny valid claims. In this environment, trust and honesty are critical factors that shape insurance contracts and … insurance contracts, and show how they depend on the quality of the legal system and the level of trust. We then investigate the …We assemble and analyze a new data set of homeowner insurance claims from 28 independently operated country …

This paper analyzes dynamic equilibrium risk sharing contracts between profit-maximizing intermediaries and a large … autarky, but also partial and full insurance can obtain, depending on the relative patience of agents and financial … intermediaries. Insurance can be provided because in an equilibrium contract an up-front payment effectively locks in the agent with …