Results 11 to 20 of about 1,610,646 (177)

On the "Adverse Selection" of Organizations [PDF]

open access: yesSSRN Electronic Journal, 2006
According to New Institutional Economics, two or more individuals will found an organization, if it leads to a benefit compared to market allocation. A natural consequence will then be internal rent seeking.
Kräkel, Matthias
core   +13 more sources

Darwinian Adverse Selection [PDF]

open access: yes, 2015
We develop a model to study the role of rationality in economics and biology. The model's agents differ continuously in their ability to make rational choices.
Kuhle, Wolfgang
core   +3 more sources

Adverse Selection Spirals [PDF]

open access: yesASTIN Bulletin, 2006
This article discusses risk classification and develops and discusses a framework for estimating the effects of restrictions on risk classification. It is shown that expected losses due to adverse selection depend only on means, variances and covariances of insurance factors and rates of uptake of insurance. Percentage loadings required to avoid losses
De Jong, Piet, Ferris, Shauna
openaire   +2 more sources

Search With Adverse Selection [PDF]

open access: yesEconometrica, 2016
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Asher Wolinsky, Stephan Lauermann
openaire   +3 more sources

Adverse selection in life insurance [PDF]

open access: yesIranian Journal of Insurance Research, 2013
In order to expand the demand for insurance in all disciplines, it is necessary to know the conditions and status of information distribution and the issues arising from it; For example, regarding life insurance, the need to understand adverse selection ...
M. Mohammadi
doaj   +1 more source

Risk Classification Efficiency and the Insurance Market Regulation

open access: yesRisks, 2015
Given that the insurance market is characterized by asymmetric information, its efficiency has traditionally been based to a large extent on risk classification.
Donatella Porrini
doaj   +1 more source

The Optimal Mechanism Design of Retail Prices in the Electricity Market for Several Types of Consumers

open access: yesMathematics, 2021
In this paper, we discuss the demand side management (DSM) problem: how to incentivize a consumer to equalize the load during the day through price-dependent demand. Traditionally, the retail market offers several electricity payment schemes. A scheme is
Natalia Aizenberg, Nikolai Voropai
doaj   +1 more source

Testing for Adverse Selection into Private Medical Insurance [PDF]

open access: yes, 2006
We develop a test for adverse selection and use it to examine privatehealth insurance markets. In contrast to earlier papers that consider apurely private system or a system in which private insurance supplementsa public system, we focus our attention on
Olivella, P, Vera-Hernández, M
core   +2 more sources

From Actuarial to Behavioural Valuation. The impact of telematics on motor insurance

open access: yesValuation Studies, 2022
Algorithmic predictions are used in insurance to assess the risk exposure of potential customers. This article examines the impact of digital tools on the field of motor insurance, where telematics devices produce data about policyholders’ driving ...
Alberto Cevolini, Elena Esposito
doaj   +1 more source

Developing the “Why” Facet of Medical Professionalism

open access: yesKaohsiung Journal of Medical Sciences, 2008
Numerous articles have been published that discuss medical professionalism from the perspective of “what-to-be” and “what-to-do”. In this paradigm, for doctors to effectively execute the “right” attitudes and behaviors, they must incorporate a “know-how”
Hideki Nomura
doaj   +1 more source

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