Adverse Selection and (un)Natural Monopoly in Insurance Markets
收藏数据链接：
官方服务：
资源简介：
Adverse selection is a classic market failure known to limit or unravel' trade in high-quality insurance and many other economic settings. While the standard theory emphasizes quality distortions, we argue that selection has another big-picture implication: it unravels competition among
提供机构：
美国国家经济研究局创建时间：
2024-11-01
