• Optimal risk sharing 

      Aase, Knut K. (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 

      Aase, Knut K. (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 ...