The welfare cost of asymmetric information : evidence from the U.K. annuity market /
Much of the extensive empirical literature on insurance markets has focused on whether adverse selection can be detected. Once detected, however, there has been little attempt to quantify its importance. We start by showing theoretically that the efficiency cost of adverse selection cannot be inferr...
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| Format: | Book |
| Language: | English |
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Cambridge, MA :
National Bureau of Economic Research,
c2007
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| Series: | Working paper series (National Bureau of Economic Research) ;
working paper no. 13228 |
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Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Massachusetts Institute of Technology
| Call Number: |
H11.N27534 no.13228 |
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