Article ID Journal Published Year Pages File Type
5076933 Insurance: Mathematics and Economics 2012 10 Pages PDF
Abstract
► We show that the deductible insurance is optimal under the dependence assumption. ► A necessary condition of optimal deductible is given under some mild conditions. ► The shifts of optimal deductible and expected utility are analyzed.
Keywords
Related Topics
Physical Sciences and Engineering Mathematics Statistics and Probability
Preview
Optimal insurance under multiple sources of risk with positive dependence
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