Empirical analyses of selection and welfare in insurance markets: a self-indulgent survey
Name
10713_2023_84_ReferencePDF.pdf
Size
1.16 MB
Format
Adobe PDF
Checksum (MD5)
8d235270347cca2270b955f42fdb19fa
Author(s)
Einav, Liran
Finkelstein, Amy
Date Issued
April 27, 2023
Publisher
Palgrave Macmillan UK
Citation
Einav, Liran and Finkelstein, Amy. 2023. "Empirical analyses of selection and welfare in insurance markets: a self-indulgent survey."
Version
Author's final manuscript
Abstract
Abstract
This review article surveys work that has been done using an empirical framework for analyzing selection in insurance markets developed by Einav et al. (Einav et al., Quarterly Journal of Economics 125:877–921, 2010a). We briefly review that framework, and then describe a number of empirical applications that researchers have undertaken across an array of settings in both insurance and credit markets. We also discuss some of the useful extensions to the original framework that others have made and applied. The review is intended to be useful for scholars who may want to apply the framework in their own work on insurance, credit, or other selection markets.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Creative Commons Attribution-Noncommercial-Share Alike
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1057/s10713-023-00084-3
