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  3. American Economic Review
  4. May 2008
  5. Preference Heterogeneity and Insurance Markets: Explaining a Puzzle of Insurance

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

Preference Heterogeneity and Insurance Markets: Explaining a Puzzle of Insurance

  • David M. Cutler
  • Amy Finkelstein
  • Kathleen McGarry
American Economic Review
vol. 98, no. 2, May 2008
(pp. 157–62)
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Citation

Cutler, David M., Amy Finkelstein, and Kathleen McGarry. 2008. "Preference Heterogeneity and Insurance Markets: Explaining a Puzzle of Insurance." American Economic Review, 98 (2): 157–62. DOI: 10.1257/aer.98.2.157

JEL Classification

  • G22 Insurance; Insurance Companies
  • D81 Criteria for Decision-Making under Risk and Uncertainty