This dissertation consists of four essays on insurance economies. It aims to answer questions in the fields of … insurance transactions (Essays I and IV) as well as insurance operations and strategies (Essays II and III). These questions are … relevant both to the insurance academic community and to the insurance industry. The methodologies explored in the dissertation …

This paper demonstrates the existence of adverse selection in the group insurance market with no individual choice. We … provide evidence against the “conventional wisdom” that group insurance mitigates adverse selection because of the mixture of …