People often fail to insure against catastrophes, even when insurance is subsidized. Even when insuring homes, many … homeowners still underinsure the full value of their assets. Some researchers have suggested using long-term insurance contracts … to reduce these insurance gaps. We examine insurance decisions in a computer-administered experiment that makes several …

The actions that individuals take to minimize the impact of risk generally involve cost. Thus, the actions that provide … insurance often provide signals with regard to the individuals' underlying quality characteristics. Since the same action … affects risk exposure and signals quality, individual objectives are difficult to disentangle. In this paper we use an …

People often fail to insure against catastrophes, even when insurance is subsidized. Even when insuring homes, many … homeowners still underinsure the full value of their assets. Some researchers have suggested using long-term insurance contracts … to reduce these insurance gaps. We examine insurance decisions in a computer-administered experiment that makes several …

between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the … diagnostic uncertainty is a major source of inefficiency by decreasing efficient service provision. Insurance coverage has a …

between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the … diagnostic uncertainty is a major source of inefficiency by decreasing efficient service provision. Insurance coverage has a …

between sellers and customers. We examine experimentally the effects of diagnostic uncertainty and insurance coverage on the … diagnostic uncertainty is a major source of inefficiency by decreasing efficient service provision. Insurance coverage has a …