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Authors: Ferris, S
Date: 2012
Language: eng
Resource Type: journal article
Identifier: http://hdl.handle.net/1959.14/219735
Description: Theoretically, insurance should be beneficial to society. But in practice, insurance systems may become dysfunctional, creating an excessive increase in systemic risk which is detrimental to society. ... More
Reviewed: Reviewed
Date: 2008
Language: eng
Resource Type: journal article
Identifier: http://hdl.handle.net/1959.14/69628
Description: Both adverse selection and moral hazard models predict a positive relationship between risk and insurance; yet the most common finding in empirical studies of insurance is that of a negative correlati ... More
Reviewed: Reviewed
Date: 2006
Language: eng
Resource Type: journal article
Identifier: http://hdl.handle.net/1959.14/9090
Description: This article discusses risk classification and develops and discusses a framework for estimating the effects of restrictions on risk classification.It is shown that expected losses due to adverse sele ... More
Reviewed: Reviewed
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