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economics

information asymmetry and our failing insurance market (final paper)

Posted by gkdapaa on Sat, 04/14/2007 - 21:40

Apparently, what i had posted earlier were missing the mathematical equations. I have attached another version that should not be corrupted. I, once again, would like to note that, though I have included some mathematical stuff (to convince the mathy guys), I have at least tried to preserve the big economic story. This paper, unlike Akerlof's, is therefore PG 13 (should be readable to even SSS graduates). In case there are any additions to make my story more convincing, please feel free to comment and i will do well to revise it accordingly. Many thanks