We consider a competitive insurance market with adverse selection. Unlike the standard models, we assume that … limited liability afforded via bankruptcy laws. Government assistance is calculated ex post of any insurance benefits. This … alters the individuals? demand for insurance coverage. In turn, this affects equilibria in various insurance models of …

insureds in automobile insurance markets both for perfect competition and for monopoly. Specifically, we assume that insurers …

insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the …

insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the …

We analyse a 2-period competitive insurance market which is characterized by the simultaneous presence of standard … which patient consumers use high effort and buy a profit-making insurance contract with high coverage, whereas impatient …

to receive more up-to-date information about insurance in agriculture. Accordingly, we have tried to shed light on the … main aspects of insurance as one tool of risk management in agriculture. Thus, our purpose is to give the reader … information on principles and potential of insurance, its main problems and possible solutions. Additionally, this paper provides …

, creating a tendency for advantageous selection in the associated insurance market. Taxing insurance consequently yields …

's (1976) model of competitive insurance. I allow for stochastic contract offers by insurance firms and show that a unique …

This paper empirically analyzes moral hazard in car insurance using a dynamic theory of an insuree's dynamic risk (ex …