On Rothschild–Stiglitz as Competitive Pooling
نویسندگان
چکیده
منابع مشابه
Mandatory pooling as a supplement to risk-adjusted capitation payments in a competitive health insurance market.
Risk-adjusted capitation payments (RACPs) to competing health insurers are an essential element of market-oriented health care reforms in many countries. RACPs based on demographic variables only are insufficient, because they leave ample room for cream skimming. However, the implementation of improved RACPs does not appear to be straightforward. A solution might be to supplement imperfect RACP...
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We discuss the existence of a pooling equilibrium in a two-period model of an insurance market with asymmetric information. We solve the model numerically. We pay particular attention to the reasons for non-existence in cases where no pooling equilibrium exists. In addition to the phenomenon of cream skimming emphasized in earlier literature, we here point to the the importance of the opposite:...
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A pooling space is a ranked poset P such that the subposet w+ induced by the elements above w is atomic for each element w of P . Pooling spaces were introduced in [Discrete Mathematics 282:163-169, 2004] for the purpose of giving a uniform way to construct pooling designs, which have applications to the screening of DNA sequences. Many examples of pooling spaces were given in that paper. In th...
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We view each station in a Jackson network as a queue of tasks, of a particular type, which are to be processed by the associated specialized server. A complete pooling of queues, into a single queue, and servers, into a single server, gives rise to an M/PH/1 queue, where the server is flexible in the sense that it processes all tasks. We assess the value of complete pooling by comparing the ste...
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How can di¤erent individualsprobability assignments to some events be aggregated into a collective probability assignment? Although there are several classic results on this problem, they all assume that the agendaof relevant events forms a -algebra, an overly demanding assumption for many practical applications. We drop this assumption and explore probabilistic opinion pooling on general ag...
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ژورنال
عنوان ژورنال: Economic Theory
سال: 2006
ISSN: 0938-2259,1432-0479
DOI: 10.1007/s00199-006-0089-3