The Optimal Level of Deductibility in Insurance Contracts
作者： Harris Schlesinger
DOI: 10.2307/252724
关键词:
摘要: This paper examines the choice of an insurance contract when is deductible type. optimal shown to be directly related insured's degree risk aversion. Under certain assumptions, it that individual with a higher loss probability, aversion, or lower level initial wealth will purchase more insurance. Conditions for full coverage no are also examined.
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