Optimal Insurance Coverage under Bonus-Malus Contracts
نویسندگان
چکیده
منابع مشابه
Implicit Client Sorting and Bonus Malus Contracts
In an earlier paper, we showed that, in a multi-period setting (but with no multi-period commitment) with two client types (adverse selection) and a competitive insurer environment, a comparasin between periodic repetitions of the classic Rothschild-Stiglitz separating equilibrium contract menu and a second contract based on Bayesian learning (which we identify as a bonus-malus contract) yields...
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ژورنال
عنوان ژورنال: ASTIN Bulletin
سال: 2001
ISSN: 0515-0361,1783-1350
DOI: 10.2143/ast.31.1.1001