Insurance design in the presence of safety nets

@article{Teh2017InsuranceDI,
  title={Insurance design in the presence of safety nets},
  author={Tse-Ling Teh},
  journal={Journal of Public Economics},
  year={2017},
  volume={149},
  pages={47-58}
}
  • Tse-Ling Teh
  • Published 2017
  • Economics, Business
  • Journal of Public Economics
Safety net assistance and insurance exist to manage risk and improve welfare. This shared goal may lead to crowding out. In a new approach, this paper analyzes the interaction of assistance with two dimensions of insurance design: level of coverage and types of risks covered. In a society of risk averse vulnerable individuals and risk neutral assistance providers, Pareto improvements in welfare are achieved through incompleteness in the types of risks covered. The results imply that safety nets… Expand
5 Citations

References

SHOWING 1-10 OF 21 REFERENCES
Self-insurance against natural disasters
  • 110
Moral Hazard, Basis Risk, and Gap Insurance
  • 110
Catastrophe Insurance, Capital Markets and Uninsurable Risks
  • 338
Public insurance substituting for private insurance: new evidence regarding public hospitals, uncompensated care funds, and Medicaid.
  • 72
The effect of the availability of charity care to the uninsured on the demand for private health insurance.
  • B. Herring
  • Business, Medicine
  • Journal of health economics
  • 2005
  • 66
  • PDF
Altruism, the Samaritan's Dilemma, and Government Transfer Policy
  • 344
  • Highly Influential
...
1
2
3
...