We propose an equivalent formulation of a two player information design problem in terms of choosing a copula, as … opposed to choosing a joint distribution of a signal and the state variable. We then propose a copula based signal ordering …

In this article, we provide an alternative evidence of asymmetric information in automobile insurance based on a copula … model. We use the Frank’s copula to jointly model the type of policy coverage chosen and the number of accidents, with the … in the economics of insurance literature, or both. We calibrated our copula model using a one-year cross …