"Insurance Issues Threaten Satellite Industry", WSJ September 10, 2002.
Among these three factors, which does the article suggest are the most and the least important in understanding the challenges facing the satellite insurance industry: (1) economies of scale, i.e. financial pooling; (2) adverse selection of insurees; (3) moral hazard / incentives of insurees.
[Categories: Adverse Selection, Costs, Insurance, Moral hazard]
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