Costly risk verification without commitment in competitive insurance markets

Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information

Michael Rothschild, Joseph E. Stiglitz · The Quarterly Journal of Economics · 1976 · 5K citations

Social Sciences, Economics, Insurance +17

Reexamination of the perfectness concept for equilibrium points in extensive games

Reinhard Selten · International Journal of Game Theory · 1975 · 3.4K citations · Full text

Social Sciences, Economics, Mathematics +13

A model of insurance markets with incomplete information

Charles Wilson · Journal of Economic Theory · 1977 · 1.1K citations

Business, Economics, Insurance +14

Markov Perfect Equilibrium

Eric Maskin, Jean Tirole · Journal of Economic Theory · 2001 · 842 citations

Some recent developments in the theory of competition in markets with adverse selection ∗

Martin Hellwig · European Economic Review · 1987 · 300 citations

Social Sciences, Business Economics, Economics +12