1
Summary of the Paper
1.1
Motivation
1.2
Related Literature
1.3
Contribution
2
Details of the Paper (Theoretical Part)
2.1
Model
2.1.1
Setup and Notation
2.1.2
Demand for Insurance
2.1.3
Supply and Equilibrium
2.2
Measurig Welfare
2.3
Graphical Representation
2.3.1
Adverse Selection
2.3.2
Advantageous Selection
2.4
Sufficient Statistics for Welfare Analysis
2.5
Incorporating Moral Hazard
3
Details of the Paper (Empirical Part)
Notes: Einav, Liran, Finkelstein and Cullen (2010) Estimating Welfare in Insurance Markets Using Variation in Prices
3
Details of the Paper (Empirical Part)