We discuss how to detect the informational content of household decisions among the explanatory variables of econometric models. Some applications to the choice of automobile insurance contracts and to the demand for life insurance are provided. We show that the information provided by...

In this paper, we propose an empirical analysis of the presence of adverse selection in an insurance market. We first present a theoretical model of a market with adverse selection and we introduce different issues related to transaction costs, accident costs, risk aversion and moral hazard. We...