insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the … loss of privacy, the paper analyzes the incentives of insureds to reveal information, whereby they can decide how much or …

insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the … loss of privacy, the paper analyzes the incentives of insureds to reveal information, whereby they can decide how much or …

-off between efficient insurance provision and social equity. We also review empirical studies on risk classification and residual …

discrimination. We present an analytical framework that illustrates the potential trade-off between efficient insurance provision and …

In this paper the effects of the introduction of the so called “pay per use” -insurance products are examined. These … insurance-premium paid. Since there is a positive correlation between mileage and the risk of causing an accident the refund is … characteristics of “pay per use” policy-holders and “traditional” policy- holders. Therefore a random sample of 4,000 car-insurance …

Does asymmetric information matter in insurance markets? Recent evidence on the automobile insurance market suggests … bonus-malus policies of the automobile insurance markets. I also simulate the model showing that under reasonable conditions …

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 …

insurance markets can be bad and that adverse selection is in general worse under competition than under monopoly. The reason is … monopoly is shown to provide better coverage to those buying insurance but at the cost of limiting participation to insurance …

insureds in automobile insurance markets both for perfect competition and for monopoly. Specifically, we assume that insurers … Pareto-improvement also in these cases. Privacy concerns do not alter our positive welfare results. …