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Optimal Mandates and The Welfare Cost of Asymmetric Information: Evidence from The U.K. Annuity Market

Much of the extensive empirical literature on insurance markets has focused on whether adverse selection can be detected. Once detected, however, there has been little attempt to quantify its welfare cost, or to assess whether and what potential government interventions may reduce these costs. To do...

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Bibliografski detalji
Glavni autori: Einav, Liran, Finkelstein, Amy, Schrimpf, Paul
Format: Artigo
Jezik:Inglês
Izdano: 2010
Teme:
Online pristup:https://ncbi.nlm.nih.gov/pmc/articles/PMC2893418/
https://ncbi.nlm.nih.gov/pubmed/20592943
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.3982/ECTA7245
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