Categorizing Risks in the Insurance Industry
- 1 May 1982
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 97 (2) , 321-336
- https://doi.org/10.2307/1880761
Abstract
This paper analyzes the welfare implications of imperfectly categorizing risks in the insurance industry under conditions of asymmetric information.Keywords
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