Outrageously Funny Word Dictionary :: Coinsurable

👉 Coinsurability is a concept in economics that refers to a situation where two or more parties are able to agree on a common price for a good or service. In this context, it means that if one party has an incentive to produce more than the other, they can compensate them by producing less. This principle is often applied when there are multiple producers of a product who want to sell their goods at different prices based on how much they think others will pay. For example, in the case of

coinsurable