selection(Insurance)AllThe Geneva Risk and Insurance Review - Building on the model of insurance contracting with hidden knowledge of risk class introduced by Rothschild and Stiglitz (1976), we assume that insurance...doi:10.1057/s10713-017-0023-6Huang, Rachel J....
Advantageous Selection in Insurance Markets with Compound Risk Building on the model of insurance contracting with hidden knowledge of risk class introduced by Rothschild and Stiglitz (1976), we assume that insurance a... RJ Huang,A Snow,LY Tzeng - 《Geneva Risk & Insurance Review》 被引量: 2...
The use of risk-adjustment formulae in setting payments to Medicare Advantage (MA) plans reduces the potential for advantageous selection on factors included in the formulae, but can theoretically worsen overall selection if plans are able to target beneficiaries based on excluded factors. Since MA...
Selection in Insurance Markets: Theory and Empirics in Pictures Government intervention in insurance markets is ubiquitous and the theoretical basis for such intervention, based on classic work from the 1970s, has been ... L Einav,A Finkelstein - 《Nber Working Papers》 被引量: 339发表: 2011年...
Advantageous selection occurs when the agents most eager to buy insurance are also the cheapest ones to insure. Hemenway (1990) links it to differences in
Hedengren, D., Stratmann, T. Adverse vs. Advantageous Selection in Life Insurance Markets. Working Paper, Accessed from http://ssrn.com/abstract=2194376 (May 1, 2014).Hedengren, D., Stratmann, T., 2012. Adverse vs. advantageous selection in life insurance markets. Working Paper, Accessed ...
We show that expectation-based loss aversion according to Koszegi and Rabin [2006, 2007] provides a natural explanation for advantageous selection in insurance markets for small and modest-scale risks. We offer plausible conditions under which the insurance provider can screen the lowest risk agents ...
HP Laboratories HPL-2011-209 loss aversion; insurance We show that expectation-based loss aversion according to Koszegi and Rabin [2006, 2007] provides a natural explanation for advantageous selection in insurance markets for small and modest-scale risks. We offer plausible conditions under which the...
Some insurance markets are characterized by "advantageous selection'', that is, ex-post risk and coverage are negatively correlated. We show that expectation-based loss aversion as in Koszegi and Rabin (2006, 2007) provides a natural explanation for this phenomenon when agents face modest-scale ...
Advantageous selectionInsuranceRiskSome insurance markets are characterized by "advantageous selection", that is, ex-post risk and coverage are negatively correlated. We show that expectation-based loss aversion as in Kszegi and...doi:10.1007/s11166-017-9269-8Aperjis, Christina...