Monopoly, Non-linear Pricing, and Imperfect Information: A Reconsideration of the Insurance Market

I reconsider StiglitzĂ­s (1977) problem of monopolistic insurance with a continuum of types. Using a suitable transformation of control variables I obtain an analytical characterization of the optimal insurance policies. Closed form solutions and comparative statics results for special cases are provided


Issue Date:
Sep 11 2008
Publication Type:
Working or Discussion Paper
Record Identifier:
http://ageconsearch.umn.edu/record/269861
Language:
English
Total Pages:
22
JEL Codes:
D42; D82




 Record created 2018-03-23, last modified 2018-03-23

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