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We consider environmental risks that are evaluated too much heavy for a single insurance company, but they can be …
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This paper examines how cooperation in an insurance game depends on risk preferences and the riskiness of income. It …-preserving spread or an SSD deterioration. However, (ii) no longer holds when insurance can only be incomplete, because of the interplay … independent of mean income. This paper also relates the level of cooperation to informal insurance transfers and the smoothness of …
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Most insurance companies publish few data on the occurrence and detection of insurance fraud. This stands in contrast … uncertainty about fraud detection can be an effective strategy to deter ambiguity-averse agents from reporting false insurance …
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