Centro de Documentación de Fundación MAPFRE - Splitting risks in insurance markets with adverse selection

MAP20200040057

Splitting risks in insurance markets with adverse selection / Pierre Picard

Sumario: We characterize the design of insurance schemes when policyholders face several insurable risks in a context of adverse selection. Splitting risks emerges as a feature of second-best Pareto optimality. This may take the form of risk-specific contracts, or of contracts where risks are bundled but subject to differential coverage rules, such as risk-specific copayments combined with a deductible or a cap on coverage

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 01/12/2020 Volumen 87 Número 4 - diciembre 2020 , p. 997-1033

1. Mercado de seguros . 2. Selección adversa . 3. Riesgo asegurable . 4. Coberturas . 5. Gerencia de riesgos . I. Título.