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Regulation on Gene Diagnosis and Non-Existence of Equilibrium in the Lif/Medical Insurance Market

Author

Listed:
  • Nobuyuki Soga

    (Research Institute for Economics & Business Administration (RIEB), Kobe University, Japan)

Abstract

This study is based on the assumption that in future, genetic testing will create a situation where people can tell whether they are disposed to certain diseases including cancer, but utilization of such genetic testing is banned for the purposes of medical examination of insurants. What, then, would the response of people to genetic testing from an economics perspectives?.

Suggested Citation

  • Nobuyuki Soga, 2000. "Regulation on Gene Diagnosis and Non-Existence of Equilibrium in the Lif/Medical Insurance Market," Discussion Paper Series 113, Research Institute for Economics & Business Administration, Kobe University.
    • Handle: RePEc:kob:dpaper:113
    as

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    File URL: https://www.rieb.kobe-u.ac.jp/academic/ra/dp/English/dp113.pdf
    File Function: First version, 2000
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    References listed on IDEAS

    as
    1. Joseph E. Stiglitz, 1977. "Monopoly, Non-linear Pricing and Imperfect Information: The Insurance Market," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 407-430.
    2. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Genetic Testing; Regulation on Gene Diagnosis; Non-Existence of Equilibrium; Adverse Selection; Insurance Markets;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • I10 - Health, Education, and Welfare - - Health - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General

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