MET Seminar - Dimitri Migrow
Dates: | 20 November 2024 |
Times: | 17:00 - 18:00 |
What is it: | Seminar |
Organiser: | School of Social Sciences |
Who is it for: | University staff, Current University students |
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Title: Disclosure in insurance markets with limited screening (joint with Andriy Zapechelnyuk)
Abstract: We investigate the impact of information disclosure, via a statistical instrument, on consumer welfare in competitive insurance markets with limited screening. We demonstrate that, under natural constraints on information disclosure, no statistical instrument is “safe” to implement. There always exists a nonnegligible set of prior beliefs about the risk types of consumers, compatible with an observed market situation, under which additional information disclosure strictly worsens welfare.
Speaker website: https://sites.google.com/site/dimitrimigrow/
Contact: david.delacretaz@manchester.ac.uk
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Boardroom 2.016
Arthur Lewis Building
Manchester