Emma Hubert (Université Paris-Est Marne-la-Vallée) - Optimal insurance contract with benefits in kind under adverse selection
A significant loss of income can have a negative impact on households who are forced to reduce their consumption of some particular staple goods. This can lead to health issues and consequently generates significant costs for society. In order to prevent these negative consequences, we suggest that consumers can buy an insurance to have a sufficient amount of staple good in case they lose a part of their income. We develop a two–period/two–good Principal–Agent problem with adverse Read more [...]
