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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Format: | Others |
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Digital Archive @ GSU
2010
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Online Access: | http://digitalarchive.gsu.edu/rmi_diss/25 http://digitalarchive.gsu.edu/cgi/viewcontent.cgi?article=1024&context=rmi_diss |