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 …

Background User charges are widely used health financing mechanisms in many health
systems in low-income and middle-income countries (LMICs) due to insufficient public …

The first goal of this paper is to provide a simple and general test of the presence of
asymmetric information in contractual relationships within a competitive context. We also …

There are numerous empirical studies that exploit variation in policies over space and time
in the US federal system. If state policy making is purposeful action, responsive to economic …

The term “moral hazard” when interpreted literally has a strong rhetorical tone, which has
been used by stakeholders to influence public attitudes to insurance. In contrast, economists …

While the theoretical literature on contracts has been enormous since the seventies,
empirical tests of the theory have long remained scarce. However, new empirical work has …

In France, public health insurance is universal but incomplete, with private payments
accounting for roughly 25% of all spending. As a result, most people have supplemental …

To what extent can we have truly universal, comprehensive and timely health services,
equally available to all? Access to Health Care considers the meaning of'access' in health …

Estimates of moral hazard in health insurance markets can be confounded by adverse
selection. This paper considers a plausibly exogenous source of variation in insurance …

This paper contributes in three dimensions to the literature on health care demand. First, it
features the first application of a bivariate random effects estimator in a count data setting, to …