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, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective …
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We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding …-out effects in the first setting with strategic motives, while there are even crowding-in effects due to insurance availability in …
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This article analyzes the role of the insurance market in the conformation of state regulations, responsible for the … creation of frontiers between legal and illegal practices in Brazil, with a focus on car insurance as well as the industry …, and the attempts to criminalize vehicle protection products, known as pirated or parallel insurance (seguro pirata or …
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We formalize the notion that GATT exceptions such as antidumping and escape clause actions can act as insurance for … sectors and assume incomplete markets so that agents cannot contract insurance. We show that these measures are superior to … uniform tariffs as insurance mechanisms. Moreover, we demonstrate that the optimal uniform policy may involve a tariff at all …
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