摘要: Optimum insurance between a risk-neutral or risk-averse insurer and client has been widely studied under conditions of agreement about the distribution probabilities loss. The condition is relaxed here, assumed to be more optimistic than insurer. When optimism defined broadly, optimum contracts can have almost any form in general will not even resemble contracts. However, are that restricts type disagreement. Under same condition, contract for higher deductible less one.
springer.com
sci-hub.st 参考文章(24)
Marcel Boyer, Georges Dionne, Richard Kihlstrom, Insurance and the Value of Publicly Available Information Springer, New York, NY. pp. 137- 155 ,(1989) , 10.1007/978-1-4613-8922-4_8
John M. Marshall, Private Incentives and Public Information The American Economic Review. ,vol. 64, pp. 373- 390 ,(2016)
Artur Raviv, The design of an optimal insurance policy The American Economic Review. ,vol. 69, pp. 251- 263 ,(1992) , 10.1007/978-94-015-7957-5_13
David Blackwell, Comparison of Experiments Proceedings of the Second Berkeley Symposium on Mathematical Statistics and Probability. pp. 93- 102 ,(1951)
Michael Rothschild, Joseph E Stiglitz, Increasing risk: I. A definition Journal of Economic Theory. ,vol. 2, pp. 99- 117 ,(1970) , 10.1016/0022-0531(70)90038-4
Peter C. Fishburn, Expected utility: An anniversary and a new era Journal of Risk and Uncertainty. ,vol. 1, pp. 267- 283 ,(1988) , 10.1007/BF00056138
John M. Marshall, Welfare analysis under uncertainty Journal of Risk and Uncertainty. ,vol. 2, pp. 385- 403 ,(1989) , 10.1007/BF00356863
Karl Borch, The safety loading of reinsurance premiums Scandinavian Actuarial Journal. ,vol. 1960, pp. 163- 184 ,(1960) , 10.1080/03461238.1960.10410587
Robin M. Hogarth, Howard Kunreuther, Risk, ambiguity, and insurance Journal of Risk and Uncertainty. ,vol. 2, pp. 5- 35 ,(1989) , 10.1007/BF00055709
Kenneth Joseph Arrow, Essays in the theory of risk-bearing ,(1958)