A Gentle Introduction to Risk Aversion and Utility Theory
"We describe a simple model of #insurance demand that can be applied to the #propertyinsurance, #liabilityinsurance, #lifeinsurance, and...
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- 16 févr.
Insurance Contracting with Adverse Selection and Moral Hazard
"Our model yields richer separating Nash equilibria than pure moral hazard and pure adverse selection models, although separating Nash...
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