المستودع الأكاديمي جامعة المدينة

Adverse selection in an insurance market with government-guaranteed subsistence levels

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dc.creator Kim, Bum J.
dc.creator Schlesinger, Harris
dc.date 2004
dc.date.accessioned 2013-10-16T07:01:39Z
dc.date.available 2013-10-16T07:01:39Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18856
dc.identifier ppn:39108075X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18856
dc.description We consider a competitive insurance market with adverse selection. Unlike the standard models, we assume that individuals receive the benefit of some type of potential government assistance that guarantees them a minimum level of wealth. For example, this assistance might be some type of government-sponsored relief program, or it might simply be some type of 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 markets with adverse selection.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1217
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject D82
dc.subject H29
dc.subject G22
dc.subject ddc:330
dc.subject adverse selection
dc.subject insurance
dc.subject government relief
dc.subject Versicherungsökonomik
dc.subject Adverse Selection
dc.subject Subvention
dc.subject Theorie
dc.title Adverse selection in an insurance market with government-guaranteed subsistence levels
dc.type doc-type:workingPaper


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