Results 1 - 1 of 1 for PRIME [Author: Alexander K. Karaivanov]
Market Power and Asset Contractibility in Dynamic Insurance Contracts - Review
The authors study the roles of asset contractibility, market power, and rate of return differentials in dynamic insurance when the contracting parties have limited commitment. They define, characterize, and compute Markov-perfect risk-sharing contracts with bargaining.
research.stlouisfed.org/.../market-power-and-asset-contractibility-in-dynamic-insurance-contracts
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