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Is there dynamic adverse selection in the life insurance market?

✍ Scribed by Daifeng He


Book ID
116422909
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
185 KB
Volume
112
Category
Article
ISSN
0165-1765

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This paper analyzes the welfare economics of three arrangements for purchasing health insurance: competitive markets in which consumers are free to choose among options with different levels of coverage and prices; systems with compulsory partial pooling which permit private firms to sell supplement