Adverse Selection

In the healthcare sector, Adverse Selection (AS), Moral Hazard (MH) and Supply Induced Demand (SID) are three…
We show that an equilibrium always exists in the Rothschild-Stiglitz insurance market model with adverse selection and…
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This paper studies regulated health insurance markets known as exchanges, motivated by the increasingly important role they…
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In the framework of expected utility, nth-degree risk aversion/loving is unequivocally characterized by the sign of the…
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Adverse selection is an important problem in many markets. Governments typically respond to it with complex regulations,…
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This study empirically tests the asymmetric information problem in the property and liability reinsurance market by separating…
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This paper studies risk selection between public and private health insurance when some individuals can purchase private…
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We develop a theoretical analysis of two widely used regulations of genetic tests, disclosure duty and consent…
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We study a nonexclusive insurance market with adverse selection in which insurers compete through simple contract offers.…
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We provide an overview of the paths taken to understand existence and efficiency of equilibrium in competitive…
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This paper examines issues related to asymmetric information in the life insurance market using data that links…
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The size of adverse selection and moral hazard effects in health insurance markets has important policy implications.…
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Risk classification refers to the use of observable characteristics by insurers to group individuals with similar expected…
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This paper provides empirical evidence of advantageous selection in insurance markets. By using a novel insurance setting…
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This paper demonstrates the existence of adverse selection in the group insurance market with no individual choice.…
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A seller of a divisible good faces several identical buyers. The quality of the good may be…
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What will happen to a health plan that enrolls a different mix of members in 2014 than…
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This paper studies regulated health insurance markets known as exchanges, motivated by their inclusion in the ffordable…
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We develop a model of selection that incorporates a key element of recent health reforms: an individual…
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This paper investigates consumer inertia in health insurance markets, where adverse selection is a potential concern. We…
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This paper applies recent results and advances in the field of ambiguity theory to adverse selection in…
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We study the design of interventions to stabilize financial markets plagued by adverse selection. Our contribution is…
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This article examines adverse selection in insurance markets within a two-dimensional information framework, where policyholders differ in…
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Consumer groups fear that the use of genetic testing information in insurance underwriting might lead to the…
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