2.1 The Mechanism: The Adverse Selection Death Spiral

2.4 Rational Expectations Equilibrium (REE) — The Method

Actuarially fair premium (with moral hazard)

How to Find Nash Equilibria — Best Response Method

Lerner pricing rule (constant elasticity)

Optimal Two-Part Tariff (1st-degree PD)

Screening menu derivation (2nd-degree PD)

Solving a linear-demand monopoly

Solving for a mixed-strategy NE

Tax incidence on a linear-demand monopoly

Third-degree PD across segments