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Selecting rational insurance coverage
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由 CH von Lanzenauer 著作1975被引用 7 次 — The paper focuses on rational insurance purchasing decisions in an industrial setting which are characterized by the possibility of many losses during the.
Rational Insurance Purchasing: Consideration of Contract ...
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由 NA Doherty 著作1990被引用 286 次 — A well-known result in the insurance literature states that a risk averter who is offered insurance at a "fair" price will choose to fully insure.
On the Theory of Rational Insurance Purchasing: A Note
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由 EP Briys 著作1985被引用 43 次 — IT IS A WELL-KNOWN proposition in insurance economics that a risk-averse expected utility maximizer will never purchase full insurance coverage if the.
(PDF) On the Theory of Rational Insurance Purchasing in a ...
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2024年10月22日 — ... insurance literature and summarizes work on the demand for insurance, insurance and resource allocation, moral hazard, and adverse selection.
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rational insurance purchasing: consideration
Oxford Academic
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由 NA Doherty 著作1990被引用 286 次 — The consumer's objective is to choose a level of coverage a to maximize expected utility: (1) EU = (1 — p)U(A — P) + pqU (A — P — L + aL).
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How do I choose an insurance policy that best suits my ...
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2024年9月13日 — You can use the online assessment tool developed by the Insurance Authority to find out whether your existing insurance coverage is adequate for ...
Aspects of Rational Insurance Purchasing
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由 J Mossin 著作被引用 1450 次 — Problems concerned with purchasing of insurance coverage appear to be a fascinating and potentially fruitful field for application and testing of theories ...
[해외논문] Selecting rational insurance coverage
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2024年12月19日 — [해외논문] Selecting rational insurance coverage. Zeitschrift für Operations Research, v.19 no.1, 1975년, pp.49 - 62. Lanzenauer, Ch ...
Rational risk-assessment decision framework: Should I buy ...
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2019年2月10日 — The only rational reason to buy insurance in this model is if you prefer a higher guaranteed minimum loss but a lower variance. If you had ...
6 個答案 · 最佳解答: A simple model of insurance is that it minimizes risk by lowering both the expected value ...
(PDF) On the Theory of Rational Insurance Purchasing in a ...
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2024年10月22日 — The practice of insurance markets shows that the incentive to purchase insurance is not based only on risk aversion, the size of potential loss, ...
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