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- W2891900775 abstract "We study optimal investment in self-protection of insured individuals when they face interdependencies in the form of potential contamination from others. If individuals cannot coordinate their actions, then the positive externality of investing in self-protection implies that, in equilibrium, individuals underinvest in self-protection. Limiting insurance coverage through deductibles or selling 'at-fault' insurance can partially internalize this externality and thereby improve individual and social welfare." @default.
- W2891900775 created "2018-09-27" @default.
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- W2891900775 date "2007-01-01" @default.
- W2891900775 modified "2023-09-27" @default.
- W2891900775 title "Self-protection and insurance with interdependencies" @default.
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