What are the welfare effects of a policy that facilitates for insurance customers to privately and covertly learn about … their accident risks? We endogenize the information structure in Stiglitz's classic monopoly insurance model. We first show …

We study a monopoly insurance model with endogenous information acquisition. Through a continuous effort choice …

This paper provides an analysis of the health insurance and health care consumption. A structural microeconomic model … of joint demand for health insurance and health care is developed and estimated using full maximum likelihood method … using Swiss insurance claims data for over 60,000 adult individuals. The estimation strategy relies on the institutional …

This paper looks into the search behavior of consumers in the market for health insurance contracts. We consider the … recent health insurance reform in The Netherlands, where a private-public mix of insurance provision was replaced by a system … insurance system. This model provides us with a number of hypotheses, which we test using data from the Dutch Health Care …

Pooling forecasts obtained from different procedures typically reduces the mean square forecast error and more … generally improves the quality of the forecast. In this paper we evaluate whether pooling interpolated or backdated time series … analyses with macroeconomic time series indicate that pooling plays a positive and important role also in this context. …

overlooked costs. Pooling induces socially costly information acquisition by speculators. Further, in pooling equilibria, issuers … endogenous declines in uninformed debt trading. Issuer incentives to implement the pooling equilibrium, with distorted risk …

those may be unobservable ex-ante. The problem of characterizing constrained optimal unemployment insurance in this case has … been neglected in previous literature. We construct a model of optimal unemployment insurance where multiple incentive …