HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Preprints, Working Papers, ...

Splitting Risks in Insurance Markets With Adverse Selection

Abstract : We characterize the design of insurance schemes when policyhold- ers face several insurable risks in a context of adverse selection. Split- ting risks emerges as a feature of second-best Pareto-optimal alloca- tions. This may take the form of risk-speci…c contracts, or of con- tracts where risks are bundled, but subject to di⁄erential coverage rules such as risk speci…c copayments, combined with a deductible, an out-of-pocket maximum or a cap on coverage.
Document type :
Preprints, Working Papers, ...
Complete list of metadata

Cited literature [13 references]  Display  Hide  Download

https://hal-polytechnique.archives-ouvertes.fr/hal-01448322
Contributor : Weronika Leduc Connect in order to contact the contributor
Submitted on : Friday, September 8, 2017 - 11:21:09 AM
Last modification on : Thursday, March 5, 2020 - 6:35:22 PM

File

Cahier n° 2017-01_PICARD v2.p...
Files produced by the author(s)

Identifiers

  • HAL Id : hal-01448322, version 4

Collections

Citation

Pierre Picard. Splitting Risks in Insurance Markets With Adverse Selection. 2017. ⟨hal-01448322v4⟩

Share

Metrics

Record views

278

Files downloads

522