Welfare-improving ambiguity in insurance markets with asymmetric information

DOI10.1016/J.JET.2013.11.003MaRDI QIDQ402101zbMATH OpenOpenAlexFDO

Authors Kostas Koufopoulos, Roman Kozhan

Publication date 27 August 2014

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL https://eprints.whiterose.ac.uk/151038/1/Welfare_improving_ambiguity_in_insurance_markets_with_asymmetric_information_JET_May_2014_.pdf

zbMATH Keywords

ambiguity aversionasymmetric informationwelfare improvement

Mathematics Subject Classification ID

Recommendations

• Non-convexities and the efficiency of equilibria in insurance markets with asymmetric information
• Price regulation in insurance markets with asymmetric information
• Robust insurance mechanisms and the shadow prices of information constraints
• Optimal insurance under adverse selection and ambiguity aversion
• Asymmetric information in secondary insurance markets: evidence from the life settlements market
• Competitive insurance market in the presence of ambiguity
• Uncertainty and insurance in strategic market games
• scientific article; zbMATH DE number 5907985

Cites work

• A Smooth Model of Decision Making under Ambiguity
• Ambiguity and the value of information
• Ambiguity Aversion, Robustness, and the Variational Representation of Preferences
• Maxmin expected utility with non-unique prior

Cited in

(8)

• The premium as informational cue in insurance decision making
• Insurance bargaining under ambiguity
• Contract withdrawals and equilibrium in competitive markets with adverse selection
• Competitive insurance market in the presence of ambiguity
• scientific article; zbMATH DE number 5907985 (Why is no real title available?)
• Optimal insurance under adverse selection and ambiguity aversion
• scientific article; zbMATH DE number 4020795 (Why is no real title available?)
• Ambiguous price formation

This page was built for publication: Welfare-improving ambiguity in insurance markets with asymmetric information

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q402101)