insureds in automobile insurance markets both for perfect competition and for monopoly. Specifically, we assume that insurers …

We consider a competitive insurance market with adverse selection. Unlike the standard models, we assume that … limited liability afforded via bankruptcy laws. Government assistance is calculated ex post of any insurance benefits. This … alters the individuals' demand for insurance coverage. In turn, this affects equilibria in various insurance models of …

We consider a competitive insurance market with adverse selection. Unlike the standard models, we assume that … limited liability afforded via bankruptcy laws. Government assistance is calculated ex post of any insurance benefits. This … alters the individuals? demand for insurance coverage. In turn, this affects equilibria in various insurance models of …

Funeral Aid Associations (FAAs) in Northeast Thailand offer micro funeral insurance at affordable premium levels while … the insurance. Compared to many other micro insurance schemes, however, FAAs do not seem to face adverse effects of this … of a sufficient number of low-risk individuals, who deliberately buy insurance despite what their risk types would advice …

beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …

insurance markets with adverse selection and without commitment. Under the consideration of the inherent costs related to the …

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 with adverse selection and without commitment. Under the consideration of the inherent costs related to the …

beginning of modern economic analysis of insurance activity. This chapter reviews the main theoretical and empirical … contributions in insurance economics since that time. The review begins with the role of utility, risk, and risk aversion in the … insurance literature and then summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and …