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Disclosure, welfare and adverse selection
Journal of Economics Theory, 2021Kym Pram
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Nonparametric Adverse Selection Problems
Annals of Operations Research, 2002Consider a principal-agent problem where the agent's type is represented by a function. Then solving the problem that results requires an appeal to function space methods. This involves replacing convexity by an abstract notion of \(X\)-convexity and subdifferentiability by \(X\)-subdifferentiability.
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Voluntary purchases and adverse selection in the market for flood insurance
, 2021Jacob T. Bradt, C. Kousky, O. Wing
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Adverse Selection and the Middleman
Economica, 1989The question analyzed in this paper is whether a market that otherwise experiences an Akerlofian "lemons impasse" can function if a middleman organizes trade. It is found that the middleman's intervention can prove successful even if neither signals nor quality screening methods exist that could help him to assess the good's qualities.
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Genetic prediction and adverse selection
AbstractThe predictive power of genetic data has increased dramatically and is reaching levels of clinical utility for many diseases. Meanwhile, many countries have banned insurers from utilizing genetic information, despite concerns about adverse selection. We make three contributions.Eduardo Azevedo +2 more
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