Ex ante and ex post effects of hybrid index insurance in Bangladesh
نویسندگان
چکیده
منابع مشابه
Ex - ante and ex - post strong correlated
A strong correlated equilibrium is a strategy pro le that is immune to joint deviations. Di erent notions of strong correlated equilibria were de ned in the literature. One major di erence among those de nitions is the stage in which coalitions can plan a joint deviation: before (ex-ante) or after (ex-post) the deviating players receive their part of the correlated pro le. In this paper we prov...
متن کاملEquilibrium in competitive insurance markets with ex ante adverse selection and ex post moral hazard
Existence of pure strategy equilibria is studied in health insurance markets that exhibit both ex ante adverse selection of the Rothschild–Stiglitz–Wilson type, and ex post hidden information moral hazard. It is found that ex post moral hazard has two offsetting effects on the existence of equilibrium, and that in general it is difficult to say whether an equilibrium is more or less likely to e...
متن کاملMeasuring Ex-Ante Welfare in Insurance Markets
Estimates of willingness to pay in adversely selected markets tend to understate the ex-ante (or utilitarian) willingness to pay for insurance. This paper derives an ’ex-ante’ willingness to pay curve that measures welfare from behind the veil of ignorance. I provide a strategy to estimate this curve using market choices and costs, combined with a measure of risk aversion. In examples motivated...
متن کاملEx Post and Ex Ante Analysis of Provisional Data
In this paper we suggest a framework to assess the degree of reliability of provisional estimates as forecasts of nal data, and we reexamine the question of the most appropriate way in which available data should be used for ex ante forecasting in the presence of a data revision process. Various desirable properties for provisional data are suggested, as well as procedures for testing them, tak...
متن کاملIs EMU More Justifiable Ex Post than Ex Ante?
Yes. A country’s suitability for EMU entry depends on the intensity of trade with EMU members, and the extent to which its business cycles are correlated with those of other members. But both international trade patterns and international business cycle correlations are endogenous. Theoretically, economic integration has an ambiguous effect on the degree to which business cycles are correlated ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Development Economics
سال: 2019
ISSN: 0304-3878
DOI: 10.1016/j.jdeveco.2018.09.003