This paper considers the robust equilibrium reinsurance and investment strategies for an ambiguity-averse insurer under … a dynamic mean-variance criterion. The insurer is allowed to purchase excess-of-loss reinsurance and invest in a … investment improves the insurer's utility. In this regard, our paper establishes theoretical and numerical support for the …

We compare the Nash bargaining solution in a reinsurance syndicate to the competitive equilibrium allocation, focusing … on uncertainty and risk aversion. Restricting attention to proportional reinsurance treaties, we find that, although …

paper we address two issues related to the effects of MLA on risky investment decisions. First, we assess the relative … impact of feedback frequency and investment flexibility (via the investment horizon) on risky investments. Second, given that … we observe higher investments with a longer investment horizon, we examine conditions under which investors might …

households and lower investment by firms, and hence leads to lower aggregate investment and growth. This paper argues that …

that theory predicts an inversion when consumers are either risk or loss averse. In those cases, an increase in price …

The theory of compensating differentials has proven difficult to test with observational data: the consequences of …. Instead, we construct experimental, real-effort labor markets and offer an evaluation of the theory in a controlled setting … differentials are affected by worker mobility and therefore selection. Consistent with the theory, we find that riskier firms must …