21 août 2023Optimal Premium Pricing in a Competitive Stochastic Insurance Market with Incomplete Information"This paper examines a #stochastic one-period #insurancemarket with incomplete information. The aggregate amount of #claims follows a...
14 avr. 2023Bowley Insurance with Expected Utility Maximization of the PolicyholdersThis paper examines the Bowley solution in the context of #insurance contracts using the expected utility framework. Specifically, the...
27 févr. 2023A 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...
31 janv. 2023Blockchain Adoption and Optimal Reinsurance Design"We study blockchain adoption in insurance-reinsurance markets. Operating costs decrease with the adoption rate, since verification and...