Browsing NHH Brage by Subject "mutual insurance"
Now showing items 1-2 of 2
-
Pooling in insurance
(Discussion paper, Working paper, 2003-01)Risk sharing resulting in pooling of risk is considered. First pooling is discussed from the perspective of life and pension insurance. Second we take the perspective of Pareto optimal risk sharing, originating from a model ... -
Risk exchange as a market or production game
(Working paper, Working paper, 2007-09)Risk exchange is considered here as a cooperative game with transferable utility. The set-up fits markets for insurance, securities and contingent endowments. When convoluted payoff is concave at the aggregate endowment, ...