Title of article
Optimal coverage for incompletely reliable insurance
Author/Authors
Olivier Mahul، نويسنده , , Brian D. Wright، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
6
From page
456
To page
461
Abstract
Optimal actuarially fair coverage of insurance subject to default risk can be less or more than full, depending upon the relation between the recovery rate under default and a positive trigger level that is independent of the insuredʹs risk preference
Keywords
Insurance contract design , Partial payment , Default risk , Incomplete markets
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436253
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