메뉴 건너뛰기




Volumn 25, Issue 1, 2000, Pages 65-79

The Consequences for a Monopolistic Insurance Firm of Evaluating Risk Better than Customers: The Adverse Selection Hypothesis Reversed

Author keywords

Asymmetric information; Informed principal; Insurance markets; Multidimensional signaling; Value of information

Indexed keywords


EID: 0346677886     PISSN: 09264957     EISSN: None     Source Type: Journal    
DOI: 10.1023/A:1008749524517     Document Type: Article
Times cited : (20)

References (16)
  • 1
    • 0042227362 scopus 로고    scopus 로고
    • Empirical Contract Theory: The Case of Insurance Data
    • CHIAPPORI, P.A. and SALANIE, B. [1997]: "Empirical Contract Theory: The Case of Insurance Data," European Economic Review, 41, 943-950.
    • (1997) European Economic Review , vol.41 , pp. 943-950
    • Chiappori, P.A.1    Salanie, B.2
  • 3
    • 0000777182 scopus 로고
    • Gathering Information before Signing a Contract
    • CREMER, J. and KHALIL, F. [1992]: "Gathering Information Before Signing a Contract," American Economic Review, 82, 566-578.
    • (1992) American Economic Review , vol.82 , pp. 566-578
    • Cremer, J.1    Khalil, F.2
  • 4
    • 20444413997 scopus 로고
    • Adverse Selection in Insurance Markets: A Selective Survey
    • G. Dionne (Ed.), Boston: Kluwer Academic Publishers, 1991
    • DIONNE, G. and DOHERTY, N.A. [1991]: "Adverse Selection in Insurance Markets: A Selective Survey," in Contributions to Insurance Economics, G. Dionne (Ed.), Boston: Kluwer Academic Publishers, 1991.
    • (1991) Contributions to Insurance Economics
    • Dionne, G.1    Doherty, N.A.2
  • 5
    • 0030486234 scopus 로고    scopus 로고
    • Adverse Selection with Endogenous Information in Insurance Markets
    • DOHERTY, N.A. and THISTLE, P.D. [1996]: "Adverse Selection with Endogenous Information in Insurance Markets," Journal of Public Economics, 63, 83-102.
    • (1996) Journal of Public Economics , vol.63 , pp. 83-102
    • Doherty, N.A.1    Thistle, P.D.2
  • 7
    • 38249037927 scopus 로고
    • Monopoly with Asymmetric Information about Quality
    • LAFFONT, J.J. and MASKIN, E. [1987]: "Monopoly with Asymmetric Information about Quality," European Economic Review, 31, 483-489.
    • (1987) European Economic Review , vol.31 , pp. 483-489
    • Laffont, J.J.1    Maskin, E.2
  • 8
    • 0345734116 scopus 로고    scopus 로고
    • Consumer Risk Perceptions and Information in Insurance Markets with Adverse Selection
    • LIGON, J.A. and THISTLE, P.D. [1996a]: "Consumer Risk Perceptions and Information in Insurance Markets with Adverse Selection," Geneva Papers on Risk and Insurance Theory, 21, 191-210.
    • (1996) Geneva Papers on Risk and Insurance Theory , vol.21 , pp. 191-210
    • Ligon, J.A.1    Thistle, P.D.2
  • 9
    • 0345734118 scopus 로고    scopus 로고
    • Information Asymmetries and Informational Incentives in Monopolistic Insurance Markets
    • LIGON, J.A. and THISTLE, P.D. [1996b]: "Information Asymmetries and Informational Incentives in Monopolistic Insurance Markets," Journal of Risk and Insurance, 63, 434-459.
    • (1996) Journal of Risk and Insurance , vol.63 , pp. 434-459
    • Ligon, J.A.1    Thistle, P.D.2
  • 10
    • 0002519279 scopus 로고
    • The Principal-Agent Relationship with an Informed Principal, II: Common Values
    • MASKIN, E. and TIROLE, J. [1992]: "The Principal-Agent Relationship with an Informed Principal, II: Common Values," Econometrica, 60, 1-42.
    • (1992) Econometrica , vol.60 , pp. 1-42
    • Maskin, E.1    Tirole, J.2
  • 11
    • 84960565386 scopus 로고
    • Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information
    • ROTHSCHILD, M. and STIGLITZ, J.E. [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.E.2
  • 12
    • 84925908611 scopus 로고
    • Monopoly, Non-Linear Pricing and Imperfect Information: The Insurance Market
    • STIGLITZ, J.E. [1977]: "Monopoly, Non-Linear Pricing and Imperfect Information: The Insurance Market," Review of Economic Studies, 44, 493-510.
    • (1977) Review of Economic Studies , vol.44 , pp. 493-510
    • Stiglitz, J.E.1
  • 14
    • 0003957341 scopus 로고
    • Cambridge: Harvard University Press
    • SPENCE, M. [1974]: Market Signaling. Cambridge: Harvard University Press.
    • (1974) Market Signaling
    • Spence, M.1
  • 16
    • 85037460312 scopus 로고    scopus 로고
    • The Insurers as the Informed Party: A Solution to Three Insurance Puzzles
    • Université de Toulouse
    • VILLENEUVE, B. [1998]: "The Insurers as the Informed Party: A Solution to Three Insurance Puzzles," IDEI Working Paper, Université de Toulouse.
    • (1998) IDEI Working Paper
    • Villeneuve, B.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.