The paper explores optimal insurance contracts using decision makers' preferences, combining expected loss with a deviation measure like Gini coefficient or standard deviation. It reveals that using expected value principle favors stop-loss indemnities, defining precise deductibles. The optimal indemnity structure remains consistent even with a capped insurance premium. Multiple examples based on Gini coefficient and standard deviation illustrate these findings.
top of page
Rechercher
Posts récents
Voir toutThe main vulnerability in data protection is ineffective risk management, often subjective and superficial. GDPR outlines what to achieve...
00
This paper introduces a dynamic, proactive cyber risk assessment methodology that combines internal and external data, converting...
10
Cybersecurity investment models often mislead practitioners due to unreliable data, unverified assumptions, and false premises. These...
00
bottom of page
Commenti