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Found 1 from your keywords: author=Gollier, Christian,
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Competitive Failures in Insurance Markets: Theory and Policy Implications
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Gollier, Christian,CHIAPPORI, Pierre-Andre

Leading international economists offer new insights on recent developments in the economic analysis of the limits of insurability, with particular attention of adverse selection and moral hazard.Risk sharing is a cornerstone of modern economies. It is valuable to risk-averse consumers and essential for investment and entrepreneurs. The standard economic model of risk exchange predicts that comp…

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ISBN/ISSN
9780262270182
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1 online resource.
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