Essays on Adverse Selection and Moral Hazard in Insurance Market

Essay One examines the asymmetric information problem between primary insurers and reinsurers in the reinsurance industry and contributes uniquely to the separation of adverse selection from moral hazard, if both are present. A two-period principal-agent model is set up to identify the signals of ad...

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Bibliographic Details
Main Author: Wen, Jian
Format: Others
Published: Digital Archive @ GSU 2010
Subjects:
Online Access:http://digitalarchive.gsu.edu/rmi_diss/25
http://digitalarchive.gsu.edu/cgi/viewcontent.cgi?article=1024&context=rmi_diss