Doherty, N.A.; Dionne, G. - Département de Sciences Économiques, Université de … - 1987
Some Current Insurance Markets Are Troubled by the Presence of Systematic Risk Or by the Inability of the Parties to … Specify the Distribution for Aggregate Loss. Such Circumstances Partly Characterise the Topical "Liability Insurance Crisis …". We Compare the Performance of Alternative Vehicles for Risk Sharing Under These Circumstances. Specifically, We Show That …