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"We study optimal investment in self-protection of insured individuals when they face interdependencies in the form of potential contamination from others. If individuals cannot coordinate their actions, then the positive externality of investing in self-protection implies that, in equilibrium, individuals underinvest in self-protection. Limiting insurance coverage through deductibles can partially internalize this externality and thereby improve individual and social welfare"--National Bureau of Economic Research web site.
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Subjects
Econometric models, Insurance, Self-protective behaviorShowing 2 featured editions. View all 2 editions?
Edition | Availability |
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1
Self-protection and insurance with interdependencies
2007, National Bureau of Economic Research
Electronic resource
in English
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2
Self-protection and insurance with interdependencies
2007, National Bureau of Economic Research
in English
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Book Details
Edition Notes
Title from PDF file as viewed on 3/22/2007.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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- Created September 23, 2008
- 5 revisions
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December 19, 2020 | Edited by MARC Bot | import existing book |
July 29, 2012 | Edited by VacuumBot | Updated format '[electronic resource] /' to 'Electronic resource' |
December 15, 2009 | Edited by WorkBot | link works |
October 28, 2008 | Edited by ImportBot | Found a matching Library of Congress MARC record |
September 23, 2008 | Created by ImportBot | Imported from Library of Congress MARC record |