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ESTIMATING WELFARE IN INSURANCE MARKETS USING VARIATION IN PRICES

We provide a graphical illustration of how standard consumer and producer theory can be used to quantify the welfare loss associated with inefficient pricing in insurance markets with selection. We then show how this welfare loss can be estimated empirically using identifying variation in the price...

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Detaylı Bibliyografya
Asıl Yazarlar: Einav, Liran, Finkelstein, Amy, Cullen, Mark R.
Materyal Türü: Artigo
Dil:Inglês
Baskı/Yayın Bilgisi: 2010
Konular:
Online Erişim:https://ncbi.nlm.nih.gov/pmc/articles/PMC3016055/
https://ncbi.nlm.nih.gov/pubmed/21218182
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1162/qjec.2010.125.3.877
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