The Risk Theory Society, originally founded in August, 1963 as the Risk Theory Seminar, is a self-administered organization within the American Risk and Insurance Association (ARIA) whose purpose is to foster research into topics in risk theory and risk management. The Society accomplishes its mission by hosting an annual meeting where papers that have been distributed to members in advance of the meeting are presented and critically discussed in an extended time format. The Society has financial resources to provide assistance to authors who present papers. Please contact the treasurer for more information. 

2017 Risk Theory Society Annual Seminar

May 5-7, 2017
Wisconsin School of Business
Risk and Insurance Department
University of Wisconsin-Madison
Madison, WI


Friday, May 5, 2017
Fluno Center, 601 University Ave.

5:15-6:00 pm
2nd Floor Break Station

Opening Reception | Sponsored by American Family Insurance

6:00-7:15 pm
Room 203

Adverse Selection in Low-Income Health Insurance Markets: Evidence from a large-scale RCT in Pakistan

  • Torben Fischer, University of Mannheim
  • Markus Frölich, University of Mannheim
  • Andreas Landmann, Paris School of Economics, J-PAL and C4ED

7:15-8:30 pm
Room 203

Simplifying Health Insurance Choice with Consequence Graphs

  • Anya Samek, University of Southern California
  • Justin Sydnor, University of Wisconsin-Madison

Saturday, May 6, 2017
2520 Grainger Hall, 975 University Ave.

7:30-8:00 am
Continental breakfast | Sponsored by American Family Insurance
8:00-9:15 am

(Non)exclusive Contracting under Adverse Selection: An Experiment

  • Wanda Mimra, ETH Zurich, CER-ETH
  • Christian Waibel, ETH Zurich, CER-ETH
9:15-9:30 am
Coffee break | Sponsored by American Family Insurance

9:30-10:45 am

Transparency Aversion and Insurance Market Equilibria

  • Irina Gemmo, Goethe University Frankfurt
  • Mark J. Browne, St. John's University
  • Helmut Grϋndl, Goethe University Frankfurt

10:45-12:00 pm

The Impact of Price Discrimination in Markets with Adverse Selection

  • André Veiga, University of Oxford
12:00-1:15 pm

Lunch on your own

1:15-2:30 pm

How Do Hurricanes Affect Life Insurance Premiums?

  • Shan Ge, The Ohio State University

2:30-3:45 pm

Genetic Testing and Genetic Discrimination: Public Policy When Insurance Becomes "Too Expensive"

  • Lisa L. Posey, Pennsylvania State University
  • Paul D. Thistle, University of Nevada, Las Vegas
3:45-4:00 pm
Coffee break | Sponsored by American Family Insurance

4:00-5:15 pm
Insurance in extended family networks
  • Orazio Attanasio, UCL, IFS and NBER
  • Costas Meghir, Yale University, IFS and NBER
  • Corina Mommaerts, University of Wisconsin-Madison and NBER
5:15-6:00 pm
Annual Business Meeting

Dinner on your own

Sunday, May 7, 2017
2520 Grainger Hall, 975 University Ave.

8:00-8:30 am
Continental Breakfast | Sponsored by American Family Insurance
8:30-9:45 am
Insurer Commitment and Dynamic Pricing Pattern: Theory and Evidence
  • Ruo Jia, Peking University
  • Zenan Wu, Peking University
9:45-11:00 am
A Model of Underwriting and Post-Loss Test without Commitment in Competitive Insurance Market
  • Yu Huang, Shainghai Jiao Tong University
  • Shinichi Kamiya, Nanyang Technological University
  • Joan T. Schmit, University of Wisconsin-Madison
11:00 am
Sessions close

Contact us

Joan T. Schmit
Department Chair, Risk and Insurance Department
American Family Insurance Distinguished Chair of Risk Management and Insurance
Wisconsin School of Business
University of Wisconsin-Madison