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RAND Journal of Economics Vol. 32, No. 2, Summer 2001 pp. 249-262

Advantageous selection in insurance markets David de Meza* and David C. Webb*" This article reverses the standard conclusion that asymmetric information plus competition re- sults in 1. Introduc

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RAND Journal of Economics Vol. 32, No. 2, Summer 2001 pp. 249-262






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