We study an adverse-selection insurance economy in which consumers can purchase coverage from several insurers. We show that a single budget-balanced allocation is implementable by an entry-proof tariff.

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Billions of pounds is spent on research on cancer, and survival statistics continue to improve year on year. New treatment methods continue to be developed.

Billions of pounds is spent on research on cancer, and survival statistics continue to improve year on year. New treatment methods continue to be developed.

The Continuous Mortality Investigation (CMI) has recently published a new Working paper, which is in response to a key finding from Working Paper 75 which was that: “The shape of the latest [accelerated critical illne