Lu, ZhiYi; Liu, LePing; Meng, ShengWang - In: Insurance: Mathematics and Economics 52 (2013) 1, pp. 46-51
Most of the studies on optimal reinsurance are from the viewpoint of the insurer and the optimal ceded functions always turn out to be convex. However reinsurance contracts always involve a limit on the ceded loss function in practice, thus it may not be enough to confine the analysis to the...