This article reviews and evaluates the empirical literature on adverse selection in insurance
markets. We focus on empirical work that seeks to test the basic coverage–risk prediction of …

We describe recent advances in the empirical analysis of insurance markets. This new
research proposes ways to estimate individual demand for insurance and the relationship …

The greatest obstacle to sound economic policy is not entrenched special interests or
rampant lobbying, but the popular misconceptions, irrational beliefs, and personal biases …

Government intervention in insurance markets is ubiquitous and the theoretical basis for
such intervention, based on classic work from the 1970s, has been the problem of adverse …

We provide evidence of advantageous selection in the Medigap insurance market and
analyze its sources. Conditional on controls for Medigap prices, those with Medigap spend …

This book investigates the new representation unfolding in Chinese local congresses.
Drawing qualitative fieldwork and data analysis from original surveys of 5,130 township …

Several recent articles on empirical contract theory and insurance have tested for a positive
correlation between coverage and ex post risk, as predicted by standard models of pure …

We survey the literature on social insurance, focusing on recent work that has connected
theory to evidence to make quantitative statements about welfare and optimal policy. Our …

Background We sought to define the factors associated with house fires and related injuries
by analyzing the data from population-based surveillance. Methods For 1991 through 1997 …

Background The majority of severe and fatal burn injuries result from residential fires. We
studied the effectiveness of a smoke-alarm–giveaway program in the prevention of burn …