Construct · 1 fields · 1 citations

advantageous selection: a standalone construct

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Health economics

insurance markets where the most risk-averse buy more coverage and also take more care, so the insured are lower risk.

In health economics, advantageous selection refers to insurance markets where the most risk-averse buy more coverage and also take more care, so the insured are lower risk. This meaning comes from de Meza (2001) in The RAND Journal of Economics.[1]

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Nearby constructs

coverage3 fields · 3 citationsjingle · one word, three constructs rand1 fields · 1 citationsanchor · a standalone construct risk6 fields · 13 citationsjingle · one name, six constructs

References

de Meza, D., & Webb, D. C. (2001). Advantageous Selection in Insurance Markets. The RAND Journal of Economics, 32(2), 249. https://doi.org/10.2307/2696408

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