An example of non-existence of Riley equilibrium in markets with adverse selection

DOI10.1016/J.GEB.2019.04.007zbMath1417.91261OpenAlexW2946482718WikidataQ127938126 ScholiaQ127938126MaRDI QIDQ2002356

Eduardo M. Azevedo, Daniel Gottlieb

Publication date: 12 July 2019

Published in: Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL: http://eprints.lse.ac.uk/102566/1/An_Example_of_Non_Existence_of_Riley_Equilibrium_in_Markets_with_Adverse_Selection.pdf

zbMATH Keywords

equilibriuminsuranceadverse selection

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Related Items (1)

Competitive insurance markets with unbounded cost

Cites Work

• Adverse selection problems without the Spence-Mirrlees condition
• A note on uniqueness in game-theoretic foundations of the reactive equilibrium
• The Existence of Equilibrium in Discontinuous Economic Games, I: Theory
• Market Equilibrium with Hidden Knowledge and Self-Selection
• Informational Equilibrium
• Aggregation and Imperfect Competition: On the Existence of Equilibrium
• Perfect Competition in Markets With Adverse Selection
• Equilibria in Health Exchanges: Adverse Selection versus Reclassification Risk
• Product Design in Selection Markets *
• A GAME THEORETIC FOUNDATION OF COMPETITIVE EQUILIBRIA WITH ADVERSE SELECTION

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