"This paper analyzes how governments support insurance markets to maintain insurability and limit risks to society. We propose a new conceptual framework grouping government interventions into three dimensions: regulation of risky activity, public investment in risk reduction, and co-insurance."
This study analyzes insurance claim processing delays due to limited capacity and backlogs. It proposes optimal capacity selection to...
The lack of risk transfer stems from structural forces that deter innovation in insurance policies, leading to inefficient risk...
The paper explores Pareto optimality in decentralized peer-to-peer risk-sharing markets using robust distortion risk measures. It...
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