Showing 1 - 9 of 9
In this paper, we address the identification and estimation of insurance models where insurees have private information about their risk and risk aversion. The model includes random damages and allows for several claims, while insurees choose from a finite number of coverages. We show that the...
Persistent link: https://www.econbiz.de/10015190336
Persistent link: https://www.econbiz.de/10012623369
Persistent link: https://www.econbiz.de/10012249409
This review surveys the growing literature on the econometrics of first-price sealed-bid auctions and nonlinear pricing. The complexity of the economic models has initiated fruitful collaborations between econometrics and empirical research. We review the benchmark models and their extensions,...
Persistent link: https://www.econbiz.de/10014104457
Persistent link: https://www.econbiz.de/10000899898
In this paper we address the identification and estimation of insurance models where insurees have private information about their risk and risk aversion. The model includes random damage and allows for several claims, while insurees choose from a finite number of coverages. We show that the...
Persistent link: https://www.econbiz.de/10012901685
Persistent link: https://www.econbiz.de/10003580696
This chapter develops a structural framework for the analysis of scoring procurement auctions where bidder’s quality and bid are taken into account. With exogenous quality, the authors characterize the optimal mechanism whether the buyer is private or public and show that the optimal scoring...
Persistent link: https://www.econbiz.de/10015088868
Persistent link: https://www.econbiz.de/10000425112