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 …

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 …

that hardly explains the many features of an insurance contract. We extend this setup to include the situation that the … show how the law of insurance contracts should allow insurers to incentivize policyholders to exert an adequate level of …