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Volumn 25, Issue 2, 2000, Pages 141-157

Equilibrium in Competitive Insurance Markets under Adverse Selection and Yaari's Dual Theory of Risk

Author keywords

Adverse selection; Nonexpected utility; Pooling equilibrium; Separating equilibrium; Yaari's dual theory

Indexed keywords


EID: 0008622915     PISSN: 09264957     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008762312418     Document Type: Article
Times cited : (9)

References (13)
  • 1
    • 84957950516 scopus 로고
    • Princeton, New Jersey: Princeton University Press
    • BORCH, K. [1968]: The Economics of Uncertainty. Princeton, New Jersey: Princeton University Press.
    • (1968) The Economics of Uncertainty
    • Borch, K.1
  • 3
    • 21844525676 scopus 로고
    • Optimal Insurance without Expected Utility: The Dual Theory and the Linearity of Insurance Contracts
    • DOHERTY, N.A. and EECKHOUDT, L. [1995]: "Optimal Insurance without Expected Utility: The Dual Theory and the Linearity of Insurance Contracts," Journal of Risk and Uncertainty, 10, 157-179.
    • (1995) Journal of Risk and Uncertainty , vol.10 , pp. 157-179
    • Doherty, N.A.1    Eeckhoudt, L.2
  • 6
    • 0000499207 scopus 로고
    • Aspects of Rational Insurance Purchasing
    • MOSSIN, J. [1968]: "Aspects of Rational Insurance Purchasing," Journal of Political Economy, 76, 553-568.
    • (1968) Journal of Political Economy , vol.76 , pp. 553-568
    • Mossin, J.1
  • 7
    • 84960565386 scopus 로고
    • Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information
    • ROTHSCHILD, M. and STIGLITZ, J. [1976]: "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," Quarterly Journal of Economics, 90, 629-649.
    • (1976) Quarterly Journal of Economics , vol.90 , pp. 629-649
    • Rothschild, M.1    Stiglitz, J.2
  • 8
    • 0000092680 scopus 로고
    • First Order Versus Second Order Risk Aversion
    • SEGAL, U. and SPIVAK, A. [1990]: "First Order Versus Second Order Risk Aversion," Journal of Economic Theory, 51, 111-125.
    • (1990) Journal of Economic Theory , vol.51 , pp. 111-125
    • Segal, U.1    Spivak, A.2
  • 11
    • 0000096666 scopus 로고
    • A Model of Insurance Markets with Incomplete Information
    • WILSON, C. [1977]: "A Model of Insurance Markets with Incomplete Information," Journal of Economic Theory, 97, 167-207.
    • (1977) Journal of Economic Theory , vol.97 , pp. 167-207
    • Wilson, C.1
  • 12
    • 0002569928 scopus 로고
    • The Dual Theory of Choice under Risk
    • YAARI, M.E. [1987]: "The Dual Theory of Choice under Risk," Econometrica, 55, 95-115.
    • (1987) Econometrica , vol.55 , pp. 95-115
    • Yaari, M.E.1
  • 13


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.