Dynamic insurance contracts and adverse selection

Journal of Risk and Insurance

Volumn 72, Issue 1, 2005, Pages 45-59

  Janssen, Maarten C W ^a   Karamychev, Vladimir A ^a  

^a ERASMUS UNIVERSITY ROTTERDAM   (Netherlands)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 16244395127     PISSN: 00224367     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.0022-4367.2005.00115.x     Document Type: Article

References (14)

1. Akerlof, G., 1970, The Market for Lemons: Qualitative Uncertainty and the Market Mechanism, Quarterly Journal of Economics, 84: 488-500.
2. Cooper, R., and B. Hayes, 1987, Multi-Period Insurance Contracts, International Journal of Industrial Organization, 5: 211-231.
3. Dionne, G., and N. Doherty, 1994, Adverse Selection, Commitment, and Renegotiation: Extension to and Evidence From Insurance Markets, Journal of Political Economy, 102: 209-235.
4. Dionne, G., and P. Lasserre, 1985, Adverse Selection, Repeated Insurance Contracts and Announcement Strategy, Review of Economic Studies, 52: 719-723.
5. Eeckhoudt, L., J. Outreville, M. Lauwers, and F. Calcoen, 1988, The Impact of a Probationary Period on the Demand for Insurance, Journal of Risk and Insurance, 55: 217-228.
6. Henriet, D., and J. C. Rochet, 1986, La Logique des Systemes Bonus-Malus en Assurance Automobile: Une approche theorique, Annales d'economie en de Statistique, 1: 133-152.
7. Holmstrom, B., and P. Milgrom, 1987, Aggregation and Linearity in the Provision of Intertemporal Incentives, Econometrica, 55: 303-328.
8. Janssen, M., and V. Karamychev, 2002, Cycles and Multiple Equilibria in the Market for Durable Lemons, Economic Theory, 20: 579-601.
9. Janssen, M., and S. Roy, 2002, Trading a Durable Good in a Walrasian Market With Asymmetric Information, International Economic Review, 43: 257-282.
10. Laffont, J., and J. Tirole, 1990, Adverse Selection and Renegotiation in Procurement, Review of Economic Studies, 57: 597-625.
11. Mirrlees, J., 1974, Notes on Welfare Economics, Information and Uncertainty, in: M. Balch, D. McFadden, and S. Wu, eds., Essays on Economic Behavior Under Uncertainty (Amsterdam: North-Holland).
12. Nilssen, T., 2000, Consumer Lock-In With Asymmetric Information, International Journal of Industrial Organization, 18: 641-666.
13. Oosterbeek, H., M. Godfried, and F. van Tulder, 2001, Adverse Selection and the Demand for Supplementary Dental Insurance, De Economist, 149: 177-190.
14. Rothschild, M., and J. Stiglitz, 1976, Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information, Quarterly Journal of Economics, 90: 629-650.