Risk shifting in the context of 3D printing: an insurability perspective
Author
Abstract
Suggested Citation
DOI: 10.1057/s41288-020-00164-9
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Kunreuther, Howard & Hogarth, Robin & Meszaros, Jacqueline, 1993. "Insurer Ambiguity and Maarket Failure," Journal of Risk and Uncertainty, Springer, vol. 7(1), pages 71-87, August.
- Neil Hamilton, 1995. "Insurability: Threats and Opportunities," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 20(4), pages 414-418, October.
- Peter A. Diamond, 1974.
"Single Activity Accidents,"
The Journal of Legal Studies, University of Chicago Press, vol. 3(1), pages 107-164, January.
- P. A. Diamond, 1973. "Single Activity Accidents," Working papers 113, Massachusetts Institute of Technology (MIT), Department of Economics.
- Lutgart Van den Berghe, 1998. "Shaping the Future for the Insurance Sector," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 23(4), pages 506-518, October.
- Michael G. Faure, 2004. "Alternative Compensation Mechanisms as Remedies for Uninsurability of Liability," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 29(3), pages 455-489, July.
- Tom Baker, 2004. "Insuring Liability Risks," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 29(1), pages 128-149, January.
- Bogers, Marcel & Hadar, Ronen & Bilberg, Arne, 2016. "Additive manufacturing for consumer-centric business models: Implications for supply chains in consumer goods manufacturing," Technological Forecasting and Social Change, Elsevier, vol. 102(C), pages 225-239.
- R. H. Coase, 2013.
"The Problem of Social Cost,"
Journal of Law and Economics, University of Chicago Press, vol. 56(4), pages 837-877.
- Ronald H. Coase, 1960. "The Problem of Social Cost," Palgrave Macmillan Books, in: Chennat Gopalakrishnan (ed.), Classic Papers in Natural Resource Economics, chapter 5, pages 87-137, Palgrave Macmillan.
- Steven Shavell, 1979. "On Moral Hazard and Insurance," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(4), pages 541-562.
- Steven Shavell, 1982. "On Liability and Insurance," Bell Journal of Economics, The RAND Corporation, vol. 13(1), pages 120-132, Spring.
- Berman, Barry, 2012. "3-D printing: The new industrial revolution," Business Horizons, Elsevier, vol. 55(2), pages 155-162.
- Roland N. McKean, 1970. "Products Liability: Implications of Some Changing Property Rights," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(4), pages 611-626.
- Grossman, Sanford J, 1981. "The Informational Role of Warranties and Private Disclosure about Product Quality," Journal of Law and Economics, University of Chicago Press, vol. 24(3), pages 461-483, December.
- Carolyn Kousky & Roger Cooke, 2012. "Explaining the Failure to Insure Catastrophic Risks," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 37(2), pages 206-227, April.
- George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
- Hogarth, Robin M & Kunreuther, Howard, 1985. "Ambiguity and Insurance Decisions," American Economic Review, American Economic Association, vol. 75(2), pages 386-390, May.
- Michael Spence, 1977. "Consumer Misperceptions, Product Failure and Producer Liability," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 561-572.
- Göran Skogh, 1998. "Development Risks, Strict Liability, and the Insurability of Industrial Hazards," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 23(2), pages 247-264, April.
- Antonella Cappiello, 2018. "Technology and the Insurance Industry," Springer Books, Springer, number 978-3-319-74712-5, March.
- Jon Kleinberg & Jens Ludwig & Sendhil Mullainathan & Cass R. Sunstein, 2019. "Discrimination In The Age Of Algorithms," NBER Working Papers 25548, National Bureau of Economic Research, Inc.
- Michael G Faure, 1995. "The Limits to Insurability from a Law and Economics Perspective," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 20(4), pages 454-462, October.
- Arend J Vermaat, 1995. "Uninsurability: a Growing Problem," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 20(4), pages 446-453, October.
- Martin Eling & Martin Lehmann, 2018. "The Impact of Digitalization on the Insurance Value Chain and the Insurability of Risks," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 43(3), pages 359-396, July.
- Steven Tadelis, 2016. "Reputation and Feedback Systems in Online Platform Markets," Annual Review of Economics, Annual Reviews, vol. 8(1), pages 321-340, October.
- Walter Y. Oi, 1973. "The Economics of Product Safety," Bell Journal of Economics, The RAND Corporation, vol. 4(1), pages 3-28, Spring.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Xian Xu & Peter Zweifel, 2020. "A framework for the evaluation of InsurTech," Risk Management and Insurance Review, American Risk and Insurance Association, vol. 23(4), pages 305-329, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Michael Faure & Shu Li, 0. "Risk shifting in the context of 3D printing: an insurability perspective," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 0, pages 1-26.
- Steven Shavell, 2005. "Liability for Accidents," NBER Working Papers 11781, National Bureau of Economic Research, Inc.
- Ram Singh, 2009.
"RISK, INFORMATIONAL ASYMMETRY AND PRODUCT LIABILITY: An Enquiry Into Conflicting Objectives,"
Pacific Economic Review, Wiley Blackwell, vol. 14(1), pages 89-112, February.
- Ram Singh, 2008. "Risk, Informational Asymmetry and Product Liability; An enquiry into conflicting objectives," Working papers 164, Centre for Development Economics, Delhi School of Economics.
- Ram Singh, 2008. "Risk, Informational Asymmetry and Product Liability: An Enquiry into Conflicting Objectives," Working Papers id:1466, eSocialSciences.
- Donald A R George, 2014. "Segmentation in Consumer Durables Markets," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 5(2), pages 13-22, March.
- Ram Singh, 2002. "Characterization of Efficient Product Liability Rules: When Consumers are Imperfectly Informed," Working papers 110, Centre for Development Economics, Delhi School of Economics.
- Bartsch, Elga, 1996. "Enforcement of environmental liability in the case of uncertain causality and asymmetric information," Kiel Working Papers 755, Kiel Institute for the World Economy (IfW Kiel).
- Dionne, Georges & Harrington, Scott, 2017. "Insurance and Insurance Markets," Working Papers 17-2, HEC Montreal, Canada Research Chair in Risk Management.
- Robert E. Martin, 2011. "The College Cost Disease," Books, Edward Elgar Publishing, number 14179.
- Bartsch, Elga, 1997.
"Environmental liability, imperfect information, and multidimensional pollution control,"
International Review of Law and Economics, Elsevier, vol. 17(1), pages 139-146, March.
- Bartsch, Elga, 1995. "Environmental liability, imperfect information and multidimensional pollution control," Kiel Working Papers 690, Kiel Institute for the World Economy (IfW Kiel).
- Junhong Chu & Pradeep K. Chintagunta, 2009. "Quantifying the Economic Value of Warranties in the U.S. Server Market," Marketing Science, INFORMS, vol. 28(1), pages 99-121, 01-02.
- W. Bentley MacLeod, 2006.
"Reputations, Relationships and the Enforcement of Incomplete Contracts,"
CESifo Working Paper Series
1730, CESifo.
- MacLeod, W. Bentley, 2006. "Reputations, Relationships and the Enforcement of Incomplete Contracts," IZA Discussion Papers 1978, Institute of Labor Economics (IZA).
- Hofmann, Annette, 2005. "Internalizing externalities of loss-prevention through insurance monopoly: An analysis of interdependent risks," Working Papers on Risk and Insurance 16, University of Hamburg, Institute for Risk and Insurance.
- David Hakes & Dongsoo Shin, 2008. "Warranties as a device to extract rent from low-risk users of a product," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 1-7.
- Luigi Alberto Franzoni, 2024.
"Efficient liability law when parties genuinely disagree,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 40(2), pages 416-433.
- Luigi Alberto Franzoni, 2022. "Efficient liability law when parties genuinely disagree," Working Papers wp1176, Dipartimento Scienze Economiche, Universita' di Bologna.
- Benjamin Hermalin & Michael Katz, 2006. "Privacy, property rights and efficiency: The economics of privacy as secrecy," Quantitative Marketing and Economics (QME), Springer, vol. 4(3), pages 209-239, September.
- Albert H. Choi & George Triantis, 2021. "Contract Design When Relationship-Specific Investment Produces Asymmetric Information," The Journal of Legal Studies, University of Chicago Press, vol. 50(2), pages 219-260.
- Erling Eide, 2009. "Is the consumer directive advantageous for the consumers?," European Journal of Law and Economics, Springer, vol. 28(3), pages 289-307, December.
- Thomas J. Miceli & Kathleen Segerson & Suo Wang, 2015.
"Products Liability When Consumers Vary In Their Susceptibility To Harm And May Misperceive Risk,"
Contemporary Economic Policy, Western Economic Association International, vol. 33(3), pages 468-476, July.
- Thomas J. Miceli & Kathleen Segerson & Suo Wang, 2013. "Products Liability When Consumers Vary in Their Susceptibility to Harm and May Misperceive Risk," Working papers 2013-15, University of Connecticut, Department of Economics.
- Tsvetanov, Tsvetan & Miceli, Thomas J. & Segerson, Kathleen, 2021. "Products liability with temptation bias," Journal of Economic Behavior & Organization, Elsevier, vol. 186(C), pages 76-93.
- Jing Liu & Michael Faure, 2018. "Risk-sharing agreements to cover environmental damage: theory and practice," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 18(2), pages 255-273, April.
More about this item
Keywords
3D printing; Product liability; Liability insurance; Insurability; InsurTechs;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:gpprii:v:45:y:2020:i:3:d:10.1057_s41288-020-00164-9. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.