@techreport{ad3ef781abb1429b86f711b645a52be4,
title = "Adverse Selection Without Single Crossing",
abstract = "Some results can be readily applied. For example, overinsurance, i.e. insurance levels above first best as in 'Cadillac' insurance plans, can be rationalized. In a non-linear pricing framework, the model also provides an explanation for marginal prices below marginal costs as observed in flat rate offers.",
keywords = "adverse selection, single crossing, Spence-Mirrlees condition, global incentive compatibility",
author = "C. Schottmuller",
note = "Pagination: 53",
year = "2011",
language = "English",
volume = "2011-123",
series = "CentER Discussion Paper",
publisher = "Economics",
type = "WorkingPaper",
institution = "Economics",
}