to a catastrophe. Distinct from the existing literature on insurance cycles, we model optimal contracting by competitive … insurance cycle …

This paper examines uberrimae fidei (utmost good faith) with adverse selection in an insurance market. If consumers … the (equitable) non-strict enforcement (judicial ruling) of contracts of insurance can be efficiency enhancing as it can …

The present paper thoroughly explores second-best efficient allocations in an insurance economy with adverse selection …

tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …

tradeoff between efficiency and fairness of the allocation, we give indications on the desirable structure of the insurance …

The present paper thoroughly explores second-best efficient allocations in an insurance economy with adverse selection …

In this paper the effects of the introduction of the so called “pay per use” -insurance products are examined. These … insurance-premium paid. Since there is a positive correlation between mileage and the risk of causing an accident the refund is … characteristics of “pay per use” policy-holders and “traditional” policy- holders. Therefore a random sample of 4,000 car-insurance …

We provide a two-period model of competition in insurance market under incomplete information. Each agent, together …

Does asymmetric information matter in insurance markets? Recent evidence on the automobile insurance market suggests … bonus-malus policies of the automobile insurance markets. I also simulate the model showing that under reasonable conditions …