Bilateral Information Disclosure in Adverse Selection Markets with Nonexclusive Competition
收藏NBER2020-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w27041
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资源简介：
We study insurance markets with nonexclusive contracts, introducing bilateral endogenous information disclosure about insurance sales and purchases by firms and consumers. We show that a competitive equilibrium exists under remarkably mild conditions, and characterize the unique equilibrium outcome.
提供机构：
美国国家经济研究局
创建时间：
2020-04-01
