Asymmetric information in late 19th century cooperative insurance societies
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Dora L. Costa, 1995. "The Political Economy of State Provided Health Insurance in the Progressive Era: Evidence from California," NBER Working Papers 5328, National Bureau of Economic Research, Inc.
- Thomasson, Melissa A., 2004. "Early evidence of an adverse selection death spiral? The case of Blue Cross and Blue Shield," Explorations in Economic History, Elsevier, vol. 41(4), pages 313-328, October.
- Ghatak, Maitreesh & Guinnane, Timothy W., 1999.
"The economics of lending with joint liability: theory and practice,"
Journal of Development Economics, Elsevier, vol. 60(1), pages 195-228, October.
- Ghatak, M. & Guinnane, T.W., 1998. "The Economics of Lending with Joint Liability: Theory and Practice," Papers 791, Yale - Economic Growth Center.
- Maitreesh Ghatak & Timothy W. Guinnane, 1998. "The Economics of Lending with Joint Liability: Theory and Practice," Discussion Papers 98-16, University of Copenhagen. Department of Economics.
- Maitreesh Ghatak & Timothy W. Guinnane, 1998. "The Economics of Lending with Joint Liability: Theory and Practice," Working Papers 791, Economic Growth Center, Yale University.
- Jonathan Gruber, 2000.
"Disability Insurance Benefits and Labor Supply,"
Journal of Political Economy, University of Chicago Press, vol. 108(6), pages 1162-1183, December.
- Jonathan Gruber, 1996. "Disability Insurance Benefits and Labor Supply," NBER Working Papers 5866, National Bureau of Economic Research, Inc.
- David M. Cutler & Sarah J. Reber, 1998. "Paying for Health Insurance: The Trade-Off between Competition and Adverse Selection," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(2), pages 433-466.
- Bengt Holmstrom, 1979.
"Moral Hazard and Observability,"
Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 74-91, Spring.
- HOLMSTROM, Bengt, 1979. "Moral hazard and observability," LIDAM Reprints CORE 379, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bengt Holmstrom, 1997. "Moral Hazard and Observability," Levine's Working Paper Archive 1205, David K. Levine.
- Joseph E. Stiglitz, 1974.
"Incentives and Risk Sharing in Sharecropping,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(2), pages 219-255.
- Joseph E. Stiglitz, 1973. "Incentives and Risk-Sharing in Sharecropping," Cowles Foundation Discussion Papers 353, Cowles Foundation for Research in Economics, Yale University.
- Emery, J. C. Herbert, 1996. "Risky Business? Nonactuarial Pricing Practices and the Financial Viability of Fraternal Sickness Insurers," Explorations in Economic History, Elsevier, vol. 33(2), pages 195-226, April.
- Abhijit V. Banerjee & Timothy Besley & Timothy W. Guinnane, 1994.
"Thy Neighbor's Keeper: The Design of a Credit Cooperative with Theory and a Test,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 491-515.
- Guinnane, T. & Banerjee, A. & Besley, T., 1993. "Thy Neighbor's Keeper: the Design of a Credit Cooperative with Theory and a Test," Papers 705, Yale - Economic Growth Center.
- Guinnane, Timothy W., 2001.
"Cooperatives As Information Machines: German Rural Credit Cooperatives, 1883–1914,"
The Journal of Economic History, Cambridge University Press, vol. 61(2), pages 366-389, June.
- Timothy W. Guinnane, 1997. "Cooperatives as Information Machines: German Rural Credit Cooperatives, 1883-1914," Discussion Papers 97-20, University of Copenhagen. Department of Economics.
- Pierre-Andre Chiappori & Bernard Salanie, 2000.
"Testing for Asymmetric Information in Insurance Markets,"
Journal of Political Economy, University of Chicago Press, vol. 108(1), pages 56-78, February.
- Pierre-André Chiappori & Bernard Salanié, 1997. "Testing for Asymmetric Information in Insurance Markets," Working Papers 97-11, Center for Research in Economics and Statistics.
- Finkelstein, Amy, 2004. "Minimum standards, insurance regulation and adverse selection: evidence from the Medigap market," Journal of Public Economics, Elsevier, vol. 88(12), pages 2515-2547, December.
- Fishback, Price V. & Kantor, Shawn Everett, 1992. "“Square Deal” or Raw Deal? Market Compensation for Workplace Disamenities, 1884–1903," The Journal of Economic History, Cambridge University Press, vol. 52(4), pages 826-848, December.
- Bentley B. Gilbert, 1965. "The Decay of Nineteenth-Century Provident Institutions and the Coming of Old Age Pensions in Great Britain," Economic History Review, Economic History Society, vol. 17(3), pages 551-563, April.
- Michael Rothschild & Joseph Stiglitz, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 90(4), pages 629-649.
- Maskin, Eric & Tirole, Jean, 1990. "The Principal-Agent Relationship with an Informed Principal: The Case of Private Values," Econometrica, Econometric Society, vol. 58(2), pages 379-409, March.
- Gourieroux, Christian & Monfort, Alain & Renault, Eric & Trognon, Alain, 1987. "Generalised residuals," Journal of Econometrics, Elsevier, vol. 34(1-2), pages 5-32.
- Kantor, Shawn Everett & Fishback, Price V, 1996. "Precautionary Saving, Insurance, and the Origins of Workers' Compensation," Journal of Political Economy, University of Chicago Press, vol. 104(2), pages 419-442, April.
- Di Matteo, Livio & Herbert Emery, J. C., 2002. "Wealth and the demand for life insurance: evidence from Ontario, 1892," Explorations in Economic History, Elsevier, vol. 39(4), pages 446-469, October.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Maria Stanfors & Tobias Karlsson & Lars‐Fredrik Andersson & Liselotte Eriksson, 2024. "Between voluntarism and compulsion: Membership in mutual health insurance societies in Swedish manufacturing, c. 1900," Economic History Review, Economic History Society, vol. 77(1), pages 244-267, February.
- John E. Murray, 2011. "Asymmetric Information and Countermeasures in Early Twentieth‐Century American Short‐Term Disability Microinsurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 78(1), pages 117-138, March.
- Guinnane, Timothy W. & Streb, Jochen, 2011.
"Moral Hazard in a Mutual Health Insurance System: German Knappschaften, 1867–1914,"
The Journal of Economic History, Cambridge University Press, vol. 71(1), pages 70-104, March.
- Guinnane, Timothy & Streb, Jochen, 2009. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867-1914," Working Papers 70, Yale University, Department of Economics.
- Guinnane, Timothy W. & Streb, Jochen, 2009. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867-1914," Center Discussion Papers 54533, Yale University, Economic Growth Center.
- Timothy W. Guinnane & Jochen Streb, 2009. "Moral hazard in a mutual health-insurance system: German Knappschaften, 1867-1914," Working Papers 978, Economic Growth Center, Yale University.
- Guinnane, Timothy W. & Streb, Jochen, 2010. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867–1914," Ruhr Economic Papers 163, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Lars Fredrik Andersson & Liselotte Eriksson & Paul Nystedt, 2022. "Workplace accidents and workers’ solidarity: mutual health insurance in early twentieth‐century Sweden†," Economic History Review, Economic History Society, vol. 75(1), pages 203-234, February.
- Karlsson, Tobias & Stanfors, Maria, 2016. "To be or not to be? Risk attitudes and gender differences in union membership," Lund Papers in Economic History 144, Lund University, Department of Economic History.
- Timothy W. Guinnane & Jochen Streb, 2010. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867–1914," Ruhr Economic Papers 0163, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
- Stanfors, Maria & Karlsson, Tobias & Andersson, Lars-Fredrik & Eriksson, Liselotte, 2022. "Membership in Mutual Health Insurance Societies: The Case of Swedish Manufacturing, circa 1900," Lund Papers in Economic History 238, Lund University, Department of Economic History.
- repec:zbw:rwirep:0163 is not listed on IDEAS
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Daniel McFadden & Carlos Noton & Pau Olivella, "undated".
"Remedies for Sick Insurance,"
Working Papers
620, Barcelona School of Economics.
- Daniel L. McFadden & Carlos E. Noton & Pau Olivella, 2012. "Remedies for Sick Insurance," NBER Working Papers 17938, National Bureau of Economic Research, Inc.
- Daniel McFadden & Carlos Noton & Pau Olivella, 2013. "Remedies for Sick Insurance," Documentos de Trabajo 302, Centro de Economía Aplicada, Universidad de Chile.
- Conning, Jonathan & Udry, Christopher, 2007.
"Rural Financial Markets in Developing Countries,"
Handbook of Agricultural Economics, in: Robert Evenson & Prabhu Pingali (ed.), Handbook of Agricultural Economics, edition 1, volume 3, chapter 56, pages 2857-2908,
Elsevier.
- Jonathan Conning & Christopher Udry, 2005. "Rural Financial Markets in Developing Countries," Working Papers 914, Economic Growth Center, Yale University.
- Conning, Jonathan & Udry, Christopher R., 2005. "Rural Financial Markets in Developing Countries," Center Discussion Papers 28458, Yale University, Economic Growth Center.
- Emery, J.C. Herbert, 2010. ""Un-American" or unnecessary? America's rejection of compulsory government health insurance in the Progressive Era," Explorations in Economic History, Elsevier, vol. 47(1), pages 68-81, January.
- Stanfors, Maria & Karlsson, Tobias & Andersson, Lars-Fredrik & Eriksson, Liselotte, 2022. "Membership in Mutual Health Insurance Societies: The Case of Swedish Manufacturing, circa 1900," Lund Papers in Economic History 238, Lund University, Department of Economic History.
- Camille Landais & Arash Nekoei & Peter Nilsson & David Seim & Johannes Spinnewijn, 2021.
"Risk-Based Selection in Unemployment Insurance: Evidence and Implications,"
American Economic Review, American Economic Association, vol. 111(4), pages 1315-1355, April.
- Camille Landais & Arash Nekoei & Peter Nilsson & David Seim & Johannes Spinnewijn, 2017. "Risk-based Selection in Unemployment Insurance: Evidence and Implications," STICERD - Public Economics Programme Discussion Papers 33, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Camille Landais & Arash Nekoei & Peter Nilsson & David Seim & Johannes Spinnewijn, 2017. "Risk-based selection in unemployment insurance: evidence and implications," CEP Discussion Papers dp1503, Centre for Economic Performance, LSE.
- Camille Landais & Arash Nekoei & Peter Nilsson & David Seim & Johannes Spinnewijn, 2017. "Risk-based selection and unemployment insurance: evidence and implications," IFS Working Papers W17/22, Institute for Fiscal Studies.
- Landais, Camille & Nekoei, Arash & Nilsson, Peter & Seim, David & Spinnewijn, Johannes, 2021. "Risk-based selection in unemployment insurance: evidence and Implications," LSE Research Online Documents on Economics 108448, London School of Economics and Political Science, LSE Library.
- Landais, Camille & Nekoei, Arash & Nilsson, Peter & Seim, David & Spinnewijn, Johannes, 2017. "Risk-based selection in unemployment insurance: evidence and implications," LSE Research Online Documents on Economics 87779, London School of Economics and Political Science, LSE Library.
- Spinnewijn, Johannes & Landais, Camille & Nekoei, Arash & Nilsson, J Peter & Seim, David, 2017. "Risk-based Selection in Unemployment Insurance: Evidence and Implications," CEPR Discussion Papers 12364, C.E.P.R. Discussion Papers.
- Landais, Camille & Nekoei, Arash & Nilsson, Peter & Seim, David & Spinnewijn, Johannes, 2017. "Risk-based selection in unemployment insurance: evidence and implications," LSE Research Online Documents on Economics 86596, London School of Economics and Political Science, LSE Library.
- Kremslehner, Daniela & Muermann, Alexander, 2016. "Asymmetric information in automobile insurance: Evidence from driving behavior," CFS Working Paper Series 543, Center for Financial Studies (CFS).
- Raj Chetty & Amy Finkelstein, 2012.
"Social Insurance: Connecting Theory to Data,"
NBER Working Papers
18433, National Bureau of Economic Research, Inc.
- Chetty, Nadarajan & Finkelstein, Amy Nadya, 2013. "Social Insurance: Connecting Theory to Data," Scholarly Articles 34330197, Harvard University Department of Economics.
- Liran Einav & Amy Finkelstein & Mark R. Cullen, 2010.
"Estimating Welfare in Insurance Markets Using Variation in Prices,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(3), pages 877-921.
- Mark Cullen & Liran Einav & Amy Finkelstein, "undated". "Estimating Welfare in Insurance Markets Using Variation in Prices," Discussion Papers 08-046, Stanford Institute for Economic Policy Research.
- Liran Einav & Amy Finkelstein & Mark R. Cullen, 2008. "Estimating Welfare in Insurance Markets Using Variation in Prices," NBER Working Papers 14414, National Bureau of Economic Research, Inc.
- Mark Cullen & Liran Einav & Amy Finkelstein, "undated". "Estimating Welfare in Insurance Markets Using Variation in Prices," Discussion Papers 08-006, Stanford Institute for Economic Policy Research.
- Hoffman, Philip T. & Postel-Vinay, Gilles & Rosenthal, Jean-Laurent, 2015.
"Entry, information, and financial development: A century of competition between French banks and notaries,"
Explorations in Economic History, Elsevier, vol. 55(C), pages 39-57.
- Philip T. Hoffman & Gilles Postel-Vinay & Jean-Laurent Rosenthal, 2015. "Entry, information, and financial development: A century of competition between French banks and notaries," Post-Print halshs-01207248, HAL.
- Philip T. Hoffman & Gilles Postel-Vinay & Jean-Laurent Rosenthal, 2015. "Entry, information, and financial development: A century of competition between French banks and notaries," PSE-Ecole d'économie de Paris (Postprint) halshs-01207248, HAL.
- Hanming Fang & Michael P. Keane & Dan Silverman, 2008.
"Sources of Advantageous Selection: Evidence from the Medigap Insurance Market,"
Journal of Political Economy, University of Chicago Press, vol. 116(2), pages 303-350, April.
- Hanming Fang & Michael P. Keane & Dan Silverman, 2006. "Sources of Advantageous Selection: Evidence from the Medigap Insurance Market," NBER Working Papers 12289, National Bureau of Economic Research, Inc.
- Fang, Hanming & Keane, Michael & Silverman, Dan, 2006. "Sources of Advantageous Selection: Evidence from the Medigap Insurance Market," Working Papers 17, Yale University, Department of Economics.
- John E. Murray, 2011. "Asymmetric Information and Countermeasures in Early Twentieth‐Century American Short‐Term Disability Microinsurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 78(1), pages 117-138, March.
- Guinnane, Timothy W. & Streb, Jochen, 2011.
"Moral Hazard in a Mutual Health Insurance System: German Knappschaften, 1867–1914,"
The Journal of Economic History, Cambridge University Press, vol. 71(1), pages 70-104, March.
- Guinnane, Timothy & Streb, Jochen, 2009. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867-1914," Working Papers 70, Yale University, Department of Economics.
- Guinnane, Timothy W. & Streb, Jochen, 2009. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867-1914," Center Discussion Papers 54533, Yale University, Economic Growth Center.
- Timothy W. Guinnane & Jochen Streb, 2009. "Moral hazard in a mutual health-insurance system: German Knappschaften, 1867-1914," Working Papers 978, Economic Growth Center, Yale University.
- Guinnane, Timothy W. & Streb, Jochen, 2010. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867–1914," Ruhr Economic Papers 163, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Guinnane, Timothy W., 2001.
"Delegated Monitors, Large and Small: The Development of Germany's Banking System, 1800-1914,"
Center Discussion Papers
28447, Yale University, Economic Growth Center.
- Timothy W. Guinnane, 2001. "Delegated Monitors, Large and Small: The Development of Germany's Banking System, 1800-1914," Working Papers 835, Economic Growth Center, Yale University.
- Timothy Guinnane, 2001. "Delegated Monitors, Large and Small: The Development of Germany’s Banking System, 1800-1914," CESifo Working Paper Series 565, CESifo.
- Georges Dionne & Casey G. Rothschild, 2011.
"Risk Classification in Insurance Contracting,"
Cahiers de recherche
1137, CIRPEE.
- Dionne, Georges & Rothschild, Casey, 2012. "Risk classification in insurance contracting," Working Papers 11-5, HEC Montreal, Canada Research Chair in Risk Management.
- Suesse, Marvin & Wolf, Nikolaus, 2020.
"Rural transformation, inequality, and the origins of microfinance,"
Journal of Development Economics, Elsevier, vol. 143(C).
- Suesse, Marvin & Wolf, Nikolaus, 2019. "Rural Transformation, Inequality, and the Origins of Microfinance," Rationality and Competition Discussion Paper Series 207, CRC TRR 190 Rationality and Competition.
- Marvin Suesse & Nikolaus Wolf, 2019. "Rural Transformation, Inequality, and the Origins of Microfinance," CESifo Working Paper Series 7990, CESifo.
- Wolf, Nikolaus & Suesse, Marvin, 2019. "Rural Transformation, Inequality, and the Origins of Microfinance," CEPR Discussion Papers 14178, C.E.P.R. Discussion Papers.
- Alois Geyer & Daniela Kremslehner & Alexander Muermann, 2020. "Asymmetric Information in Automobile Insurance: Evidence From Driving Behavior," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 87(4), pages 969-995, December.
- Sebastian Soika, 2018. "Moral Hazard and Advantageous Selection in Private Disability Insurance," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(1), pages 97-125, January.
- Ivana Catturani & Panu Kalmi & Maria Lucia Stefani, 2016. "Social Capital and Credit Cooperative Banks," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 45(2), pages 205-234, July.
- Matthew Panhans, 2019. "Adverse Selection in ACA Exchange Markets: Evidence from Colorado," American Economic Journal: Applied Economics, American Economic Association, vol. 11(2), pages 1-36, April.
- repec:mea:meawpa:12260 is not listed on IDEAS
- Mark Shepard, 2016. "Hospital Network Competition and Adverse Selection: Evidence from the Massachusetts Health Insurance Exchange," NBER Working Papers 22600, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:exehis:v:44:y:2007:i:2:p:270-292. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622830 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.