The Role of Commitment in Dynamic Contracts: Evidence from Life Insurance

DOI10.1162/00335530360535216MaRDI QIDQ4418272zbMATH OpenOpenAlexFDO

Authors Igal Hendel, Alessandro Lizzeri

Publication date 2003

Published in The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL http://www.nber.org/papers/w7470.pdf

zbMATH Keywords

front-loadinglapsation

Mathematics Subject Classification ID

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Cited in

(15)

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• The role of heterogeneous parameters for the detection of selection in insurance contracts
• Life insurance settlement and the monopolistic insurance market
• Information design in competitive insurance markets
• Life insurance and life settlement markets with overconfident policyholders
• Pool size and the sustainability of optimal risk-sharing agreements
• Consumption Commitments and Employment Contracts
• Dating death: an empirical comparison of medical underwriters in the U.S. life settlements market
• Policyholder exercise behavior in life insurance: the state of affairs
• Why Changes in PBGC and FDIC Premiums Should Not Fully Reflect Changes in Underlying Risk (With Some Application to Long-Term Private Insurance Contracts)
• Optimal long-term health insurance contracts: characterization, computation, and welfare effects
• Optimal long-term contract for fertilizer supply under farmer's dynamic private information
• Efficient transfer of aging provisions in private health insurance
• On non-monotonic ageing properties from the Laplace transform, with actuarial applications
• Introduction to symposium on dynamic contracts and mechanism design

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