Mossin's Theorem for Upper-Limit Insurance Policies

Although Mossin's Theorem ("full insurance with a fair premium and less-than-full coverage with a proportional premium loading") is well known for the classes of coinsurance contracts and for deductible-insurance contracts, it has not been proven for the class of upper-limit insurance contracts. This article provides a proof for this case. Copyright The Journal of Risk and Insurance, 2006.

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Year of publication:	2006
Authors:	Schlesinger, Harris
Published in:	Journal of Risk & Insurance. - American Risk and Insurance Association - ARIA, ISSN 0022-4367. - Vol. 73.2006, 2, p. 297-301
Publisher:	American Risk and Insurance Association - ARIA

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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