Optimal mandates and the welfare cost of asymmetric information: Evidence from the U.K. annuity market

Econometrica

Volumn 78, Issue 3, 2010, Pages 1031-1092

  Einav, Liran ^a   Finkelstein, Amy ^b   Schrimpf, Paul ^b  

^a STANFORD UNIVERSITY   (United States)

^b MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

Author keywords

Adverse selection; Annuities; Contract choice; Structural estimation

Indexed keywords

EID: 77954111281     PISSN: 00129682     EISSN: 14680262     Source Type: Journal    
DOI: 10.3982/ECTA7245     Document Type: Article

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