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June 29, 2011

Competition leverage: How the demand side affects optimal risk adjustment

In this paper, the authors study optimal risk adjustment in imperfectly competitive health insurance markets.

No title
June 29, 2011

Competition leverage: How the demand side affects optimal risk adjustment

In this paper, the authors study optimal risk adjustment in imperfectly competitive health insurance markets.

No title
May 3, 2010

Failing corporate governance: Why banks are addicted to risk

If securitisation allowed banks to transfer risk to third parties, why did banks' exposure to the subprime market turn out so substantial?

May 3, 2010

Failing corporate governance: Why banks are addicted to risk

If securitisation allowed banks to transfer risk to third parties, why did banks' exposure to the subprime market turn out so substantial?