Bernard, Carole; Vanduffel, Steven - In: Journal of Risk & Insurance 81 (2014) 1, pp. 27-56
type="main" xml:lang="en" <title type="main">Abstract</title> <p>In this article, insurance claims are priced using an indifference pricing principle. We first revisit the traditional economic framework and then extend it to incorporate a financial (sub)market as a tool to invest and to (partially) hedge. In this context, we...</p>