Title of article
Deductible insurance and production: A comment
Author/Authors
Gollier، نويسنده , , Christian، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1996
Pages
5
From page
55
To page
59
Abstract
We consider a risk-averse firm facing output price uncertainty. Contrary to Machnes (1995), we show that a fair deductible insurance does not need to increase the optimal level of output. We provide some sufficient conditions to obtain an unambiguous comparative static effect.
Journal title
Insurance Mathematics and Economics
Serial Year
1996
Journal title
Insurance Mathematics and Economics
Record number
1541404
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