Showing 1 - 5 of 5
[eng] Expected utility and Yaart's dual theory : implications for insurance demand. In this paper, we compare the implications of two models of choice under risk to analyse insurance demand. Although the models are conceptually very different, they most of the time produce qualitatively similar...
Persistent link: https://www.econbiz.de/10008617588
[fre] Cet article vise à déterminer comment le recours aux tests diagnostiques peut affecter la demande de prévention et celle de soins. Tandis que la demande de prévention et celle de tests diagnostiques sont des substituts, la relation entre médecine diagnostique et curative est moins...
Persistent link: https://www.econbiz.de/10008621267
[eng] Value added of a risk transfer and pareto-optimality. . In a previous paper, we have used the concept of value added to characterize a risk sharing agreement. In this note we analyze conditions under which the value added maximization coincides with Pareto optimality. These conditions are...
Persistent link: https://www.econbiz.de/10008623829
[fre] Partage des risques et création de valeur ajoutée. . Les notions de prix d'achat et de prix de vente d'une loterie sont présentées pour définir les conditions d'un transfert de risque entre deux agents.. L'échange optimal consiste, dans cet article, à maximiser la valeur ajoutée...
Persistent link: https://www.econbiz.de/10008624763
[eng] Precautionary saving : a geometric analysis. . In this paper, we develop a geometrical and simple interpretation of precautionary saving. This approach enables us to explain intuitively why risk aversion alone is not sufficient to give rise to precautionary saving. [fre] L'épargne de...
Persistent link: https://www.econbiz.de/10008625472