Browsing Department of Business and Management Science by Subject "reinsurance exchange"
Now showing items 1-3 of 3
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Optimal risk sharing
(Discussion paper, Working paper, 2003-01)Optimal risk sharing is considered from the perspective of the risk sharing model introduced by Karl Borch in the late 50ies. First we introduce, in a modern setting, the main concepts from this theory. These we apply ... -
Optimal Risk-Sharing and Deductables in Insurance
(Discussion paper, Working paper, 2006)Risk-sharing in insurance is analyzed, with a view towards explaining the prevalence of deductibles. First we introduce, in a modern setting, the main concepts of the theory of risk-sharing in a group of agents. This theory ... -
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 ...