Insurance Contracts with Adverse Selection When the Insurer Has Ambiguity about the Composition of the Consumers
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More about this item
Keywords
Adverse selection; Monopoly; Insurance; Ambiguity; ε-contaminated prior;All these keywords.
JEL classification:
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- D42 - Microeconomics - - Market Structure, Pricing, and Design - - - Monopoly
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