Repeated Insurance Contracts with Differential Learning
研究存在差异化学习和道德风险的重复保险模型，发现保险公司采用“诚信”策略可实现完全信息下的竞争结果。
In a repeated insurance model with differential learning and moral hazard, it is shown that the full-information competitive outcome is implementable when insurers employ a "good-faith" strategy.