Skip to Main content Skip to Navigation
New interface
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
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


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


  • HAL Id : hal-01448322, version 4



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



Record views


Files downloads