Showing 61 - 70 of 366
Advantageous (or propitious) selection occurs when an increase in the premium of an insurance contract induces high-cost agents to quit, thereby reducing the average cost among remaining buyers. Hemenway (1990) and many subsequent contributions motivate its advent by differences in risk-aversion...
Persistent link: https://www.econbiz.de/10013194432
Persistent link: https://www.econbiz.de/10013202869
Persistent link: https://www.econbiz.de/10013202951
Advantageous (or propitious) selection occurs when an increase in the premium of an insurance contract induces high-cost agents to quit, thereby reducing the average cost among remaining buyers. Hemenway (1990) and many subsequent contributions motivate its advent by differences in risk-aversion...
Persistent link: https://www.econbiz.de/10013205047
Persistent link: https://www.econbiz.de/10013205304
Persistent link: https://www.econbiz.de/10012795414
Persistent link: https://www.econbiz.de/10011624657
Persistent link: https://www.econbiz.de/10012215908
Persistent link: https://www.econbiz.de/10012596551
Persistent link: https://www.econbiz.de/10012504729