Search Results - subject_exact:"Adverse Selektion"

Licensing resource exploitation with endogenous and privately known reserves

Jääskeläinen, Jarmo; Lappi, Pauli - 2026

We design optimal mechanism to collect revenues from nonrenewable resource exploitation, when the resource must be explored and discovered and when there is asymmetric information. The exploration effort may result in a discovery that is revealed only to the firm, and the effort is not observed...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015617653

Land protection, credit access, and the insurance gap : the De Soto trap

Hernani-Limarino, Werner - 2026

Bolivia's Ley 1720 (April 2026) allows smallholders to voluntarily convert constitutionally protected pequeña propiedad - land that cannot be seized by creditors - into pledgeable mediana propiedad, explicitly targeting the credit-access channel that Hernando de Soto popularized. This paper...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015654700

Fundamentally reforming the DI system : evidence from Germany

Cao, Yaming; Fischer-Weckemann, Björn; Geyer, Johannes; … - 2026

In 2001, Germany abolished public occupational disability insurance (ODI)-the second tier of its public DI system-for cohorts born after 1960. Using administrative data, we first document that, in the long run, overall DI inflows declined by roughly one-third. Second, using representative survey...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015608596

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Fundamentally reforming the DI system : evidence from Germany

Cao, Yaming; Fischer-Weckemann, Björn; Geyer, Johannes; … - 2025

Book / Working Paper

Fundamentally reforming the DI system : evidence from Germany

Cao, Yaming; Fischer-Weckemann, Björn; Geyer, Johannes; … - 2025

Book / Working Paper

Credit scores and inequality across the life cycle

Chatterjee, Satyajit; Corbae, Dean; Dempsey, Kyle P.; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015609896

Dynamic adverse selection with flow limited liability : a closed-form approach to price regulation

Di Corato, Luca; Moretto, Michele - 2026

This paper studies a continuous-time regulatory problem in which a firm holds persistent private information about demand and is subject to a flow limited-liability constraint. The regulator regulates prices through a dynamic mechanism that ensures truthful reporting of the evolving type....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015616443

Testing for asymmetric information in the public health insurance market in Vietnam : towards the accomplishment of universal health insurance coverage

Yamada, Hiroyuki; Nguyen Anh Tuyet; Shimamura, Yasuharu; … - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015592418

Sequential credit markets

Axelson, Ulf; Makarov, Igor - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015580363

Optimal insurance with information asymmetry : nonlinear and linear pricing

Han, Xia; Li, Bin; Luo, Yao - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015582950

One-sided enforcement in amodel with persistent adverse selection

Martimort, David; Semenov, Aggey - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015605551

Optimal stationary contracts under one-sided enforcement and persistent adverse selection

Martimort, David; Semenov, Aggey - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015626910

Screening with cash deposits in digital credit markets

Gertler, Paul J.; Green, Brett; Wolfram, Catherine - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015643438

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Screening with Cash Deposits in Digital Credit Markets

Gertler, Paul J.; Green, Brett; Wolfram, Catherine - 2026

Book / Working Paper

Identifying selection in social insurance : risk-based selection and selection on moral hazard

Ejrnæs, Mette; Hochgürtel, Stefan - 2026

We investigate selection into a voluntary unemployment insurance (UI) scheme by exploiting variation in enrollment driven by an early retirement program embedded within the UI system. Using Danish administrative data and an event study design, we identify negative selection among UI enrollees...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015650653

Adverse selection in prediction markets : evidence from Kalshi

Bartlett, Robert; O'Hara, Maureen - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015652604

Adverse selection as a policy instrument : unraveling climate change

Cicala, Steve; Hémous, David; Olsen, Morten - 2026

We propose a new policy instrument that leverages adverse selection when Pigouvian policies are infeasible or undesirable. Our policy gives firms the option to pay a tax on their voluntarily disclosed emissions, or an output tax based on the average emissions among undisclosed firms. We derive...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015625496

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Adverse Selection as a Policy Instrument : Unraveling Climate Change

Cicala, Steve; Hémous, David; Olsen, Morten - 2022

Book / Working Paper

Offsetting carbon with lemons: adverse selection and certification in the voluntary carbon market

Manshadi, Vahideh; Monachou, Faidra; Morgenstern, Ilan - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015668586

Dynamic risk adjustment in markets with persistent risk and manipulable signals : market design for health insurance

Chan, Alex - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015665447

Optimal taxation with directed search and private information

Nakajima, Tomoyuki - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015671806

Risk design : AI and prediction beyond screening in insurance markets

Chan, Alex - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015676521

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Risk Design : AI and Prediction Beyond Screening in Insurance Markets

Chan, Alex - 2026

Book / Working Paper

Market information and the impact of public health insurance on the private insurance market

McGuire, Alistair; Webb, David C. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016060052

Safe assets as balance sheet multipliers

Ozdenoren, Emre; Yuan, Kathy; Zhang, Shengxing - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016061872

Selecting risk adjusters with penalized regression and expert judgment : evidence from Colombia

Arias, Camilo - 2026

Risk adjustment formulas are essential in health insurance markets, as they mitigate risk selection incentives by aligning revenues with expected healthcare expenses based on enrollee characteristics. However, current formulas can underpredict spending for certain groups, leading to...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070984

Dealers, information and liquidity provision in safe assets

Czech, Robert; Monroe, Win - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016062682

Asymmetric information and capital regulation in SME lending : a structural model of bank and non-bank competition

Jazi, Negar Mohammadi; Netto, Felipe - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016063644

Purely procedural preferences in auctions, with a comment to: Equality of opportunity and the acceptability of outcome inequality

Chlaß, Nadine - 2026

Sugden and Wang (2020) are among the first to model intrinsic concerns for equal opportunities. Their study reports that after being subjected to unequal opportunities, people experience anger, resentment, and greed and all parties involved engage in socially wasteful destruction of resources....

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016070554

Market fragmentation: liquidity, price discovery, and welfare

Lou, Youcheng; Rahi, Rohit - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016072371

Access to credit market and the role of intermediation

Tedde, Mariachiara - 2026 - Prima edizione

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016086769

Equity offering following cyberattacks

Liu, Xiaohui; Luo, Juan; Yawson, Alfred - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015440654

Governance, reputation, crises and recovery : an experiment

Noe, Thomas H.; Rebello, Michael J.; Rietz, Thomas A. - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016074314

The adverse impacts of disasters in-name-only

Baiocchetti, Giovanni; Castaldo, Cecilia; Noy, Ilan; … - 2025

Disasters caused by natural hazards, such as earthquakes or hurricanes, have many adverse consequences associated with the physical damage they cause. Here, we show that the very name given to a disaster can also lead to adverse consequences. We argue that the name used for a disaster is...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015204017

Designing Around Selection : Identification and Inference Under Multi-Dimensional Unobserved Heterogeneity

Hickman, Brent R.; List, John A.; Muir, Ian; Sun, Gregory K. - 2026

We study identification and optimal policy design in a broad class of principal-agent models. We show that the most common empirical framework within the literature is equivalent to an unstructured potential-outcomes model augmented with three specific assumptions: the Law of Demand (LoD), or...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016063343

Optimal contracts under general mixed constraints : continuity, structure, and applications

Semenov, Aggey - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015371684

Intellectual property protection for AI-generated output

Döttling, Robin; Emery, Logan P.; Zhao, Shuo - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015634133

Project risk neutrality in the context of asymmetric information

Alex, Fabian - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015374377

Incentives for contract designers and contractual design

Rodivilov, Alexander - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016083042

Incentivizing physicians' diagnostic effort and test with moral hazard and adverse selection

Bardey, David; De Donder, Philippe; Leroux, Marie-Louise - 2025

We study a situation where physicians differing in their degree of altruism exert a diagnostic effort before deciding whether to test patients to determine the most appropriate treatment. The diagnostic effort generates an imperfect private signal of the patient’s type, while the test is...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015211646

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Incentivizing physicians' diagnostic effort and test with moral hazard and adverse selection

Bardey, David; De Donder, Philippe; Leroux, Marie-Louise - 2025

Book / Working Paper

Incentivizing physicians' diagnostic effort and test with moral hazard and adverse selection

Bardey, David; De Donder, Philippe; Leroux, Marie-Louise - 2025

Book / Working Paper

Incentivizing physicians' diagnostic effort and test with moral hazard and adverse selection

Bardey, David; De Donder, Philippe; Leroux, Marie-Louise - 2024

Book / Working Paper

Incentivizing physicians' diagnostic effort and test with moral hazard and adverse selection

Bardey, David; De Donder, Philippe; Leroux, Marie-Louise - 2024

Book / Working Paper

Incentivizing physicians' diagnostic effort and test with moral hazard and adverse selection

Bardey, David; De Donder, Philippe; Leroux, Marie-Louise - 2024

Book / Working Paper

Exploration of using constrained regression in Germany's morbidity-based risk adjustment

Renker, Florian; Häckl, Dennis; Wuppermann, Amelie - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016073875

How does mandated sustainability disclosure about conflict minerals affect supply chain finance?

Guo, Jia; Ng, Jeffrey; Yeung, Andy C. L.; Zhang, Janus Jian - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015333564

Bank regulation, investment, and capital requirements under adverse selection

Rivera, Thomas J. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015357654

Econometrics of insurance with multidimensional types

Aryal, Gaurab; Perrigne, Isabelle; Vuong, Quang H.; … - 2025

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://ebvufind01.dmz1.zbw.eu/10015190336

Optimal contracts under moral hazard, adverse selection and limited liability

Martimort, David; Poudou, Jean-Christophe; Thomas, Lionel - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015329123

"All employees are equal ... but some are more equal than others" : role identity and nonfamily member discrimination in family SMEs

Ferrari, Filippo - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015423544

Robust predictions and hard information in the market for lemons

Yamaguchi, Yusuke; Yamashita, Takuro - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015472642

Does industry agglomeration attract productive firms? : the role of product markets in adverse selection

Belderbos, René; Fukao, Kyōji; Ikeuchi, Kenta; Kim, … - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015473051

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Does industry agglomeration attract productive firms? : the role of product markets in adverse selection

Belderbos, René; Fukao, Kyōji; Ikeuchi, Kenta; Kim, … - 2022

Book / Working Paper

Adverse selection and consumer inertia : empirical evidence from the Dutch health insurance market

Croes, Ramsis R.; Schut, Frederik T.; Varkevisser, Marco - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015448065

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Adverse Selection and Consumer Inertia : Empirical Evidence from the Dutch Health Insurance Market

Croes, Ramsis; Schut, Frederik T.; Varkevisser, Marco - 2022

Book / Working Paper

Categorization in games : a bias-variance perspective

Jehiel, Philippe; Mohlin, Erik - 2025

We develop a framework for categorization in games, applicable both to multistage games of complete information and static games of incomplete information. Players use categories to form coarse beliefs about their opponents' behavior. Players best-respond given these beliefs, as in analogy-based...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015450571

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