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~isPartOf:"NBER Working Paper"
~isPartOf:"Oxford economic papers"
~person:"Stiglitz, Joseph E."
~person:"Sutter, Matthias"
~subject:"Asymmetric information"
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ECONIS (ZBW)
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Characterization, Existence, and Pareto Optimality in Insurance Markets with Asymmetric Information with Endogenous and Asymmetric Disclosures : Revisiting Rothschild-Stiglitz
Stiglitz, Joseph E.
-
2018
We study the Rothschild-Stiglitz model of competitive insurance markets with endogenous information disclosure by both firms and consumers. We show that an equilibrium always exists, (even without the single crossing property), and characterize the unique equilibrium allocation. With two types...
Persistent link: https://www.econbiz.de/10012916614
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2
Asymmetric information in credit markets and its implications for macro-
economics
Stiglitz, Joseph E.
- In:
Oxford economic papers
44
(
1992
)
4
,
pp. 162-192
Persistent link: https://www.econbiz.de/10001330838
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3
Privatization, Information and Incentives
Sappington, David E. M.
;
Stiglitz, Joseph E.
-
2021
Fundamental Privatization Theorem (analogous to The Fundamental Theorem of Welfare
Economics
) is presented, providing conditions …
Persistent link: https://www.econbiz.de/10013220953
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