The Role of Commitment in Dynamic Contracts: Evidence from Life Insurance
收藏NBER2000-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w7470
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资源简介：
We look at the life insurance industry to study the properties of long term contracts in a world where consumers cannot commit to a contract. The main issue is how contracts are designed to deal with classification risk. We present a model that captures the main features of this industry. The data
提供机构：
美国国家经济研究局
创建时间：
2000-01-01
