Splitting Risks in Insurance Markets In Adverse Selection - École polytechnique Access content directly
Preprints, Working Papers, ... Year : 2017

Splitting Risks in Insurance Markets In Adverse Selection

Pierre Picard
  • Function : Author
  • PersonId : 999615

Abstract

We characterize the design of insurance schemes when policyhold- ers face several insurable risks in a context of adverse selection. Split- ting risks emerges as a feature of second-best Pareto-optimal alloca- tions. This may take the form of risk-speci…c contracts, or of con- tracts where risks are bundled, but subject to di⁄erential coverage rules such as risk speci…c copayments, combined with a deductible, an out-of-pocket maximum or a cap on coverage.
Fichier principal
Vignette du fichier
Cahier n° 2017-01_PICARD.pdf (315.84 Ko) Télécharger le fichier
Origin : Files produced by the author(s)
Loading...

Dates and versions

hal-01448322 , version 1 (27-01-2017)
hal-01448322 , version 2 (07-02-2017)
hal-01448322 , version 3 (05-04-2017)
hal-01448322 , version 4 (08-09-2017)

Identifiers

  • HAL Id : hal-01448322 , version 2

Cite

Pierre Picard. Splitting Risks in Insurance Markets In Adverse Selection. 2017. ⟨hal-01448322v2⟩
298 View
637 Download

Share

Gmail Facebook X LinkedIn More