Lindbeck, Assar (contributor); Persson, Mats (contributor) - 2006
dependency.
JEL Code: G22, H53, I38, J21.
Keywords: moral hazard, sick pay insurance, labor supply, asymmetric information … insurance company
does not know to which group a specific individual belongs, we enter the world of
asymmetric information as … equilibria would be unlikely.
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We are, however, not convinced that asymmetric information in the Rothschild-
Stiglitz sense …