Equilibrium in Competitive Insurance Markets with Moral Hazard
收藏NBER1991-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3588
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资源简介：
This paper examines the existence and nature of competitive equilibrium with moral hazard. The more insurance an individual has, the less care will he take. Consequently, insurance firms attempt to restrict their clients' aggregate insurance purchases. If individuals' aggregate insurance purchases
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美国国家经济研究局创建时间：
1991-01-01
