Equilibrium in a Competitive Insurance Market Under Adverse Selection with Endogenous Information
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This paper investigates the existence and nature of equilibrium in a competitive insurance market under adverse selection with endogenously determined information structures. Rothschild-Stiglitz (RS) characterized the self-selection equilibrium under the assumption of exclusivity, enforcement of
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美国国家经济研究局创建时间：
2017-07-01
