Versicherungsbetrug aus vertragstheoretischer Sicht

Insurance fraud is a significant economic problem. Following the deregulation of the German insurance market in 1994, contractual features are now possible which were previously restricted. Therefore, there is a need to analyse the insurance fraud reduction potential of this instrument. This paper investigates three forms of insurance fraud: ?Costly State Verification“, ? Costly State Falsification“ and third party fraud. Consequences for the optimal contractual design are deduced.