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Fall 2024
Selection markets describe markets in which people strategically ``select'' into certain options based on knowledge only they possess, and in doing so may communicate some of that knowledge. Examples include sick people buying more comprehensive health insurance contracts, talented students...
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Fall 2023
As one type of principal-agent problem, the insurance contract models are closely related to the extent of information disclosure. We construct two new insurance contract models with full information and adverse selection respectively. The full information model is a continuous-time model in...