| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5077079 | Insurance: Mathematics and Economics | 2012 | 6 Pages |
Abstract
⺠Ambiguity is described through a probability measure on an extended state space. ⺠If insurers face more ambiguity than their customers, customers will be under insured. ⺠Customers will be fully insured if insurers face the same or less ambiguity than their customers.
Related Topics
Physical Sciences and Engineering
Mathematics
Statistics and Probability
Authors
Sajid Anwar, Mingli Zheng,