search query: @indexterm Adverse selection / total: 65
reference: 24 / 65
| Author: | Hindriks, J. Donder, P. de |
| Title: | The politics of redistributive social insurance |
| Journal: | Journal of Public Economics
2003 : DEC, VOL. 87:12, p. 2639-2660 |
| Index terms: | Social security Adverse selection Information economics |
| Freeterms: | Social insurance Majority rule Redistribution |
| Language: | eng |
| Abstract: | The authors analyse the political support for a social insurance that includes elements of redistribution when there exists an imperfect private insurance alternative. Adopting a non-expected utility model, they show that there is a general majority support for social insurance and that this support is increasing with risk aversion. They also show that a mixed insurance is politically impossible, regardless of the degree of redistribution of social insurance and the joint distribution of risk and income in the population. |
SCIMA