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Dans Cet Article, Nous Presentons un Probleme de Choix D'investissement En Incertitude. au Moment de Prendre Leurs Decisions, les Administrateurs Ne Connaissent Pas la Taille du Marche(Volume des Ventes) Mais Connaissent le Prix de Vente du Produit et la Distribution a Priori du Niveau des...
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In This Paper, We Generalize Hoy and Robson (1981) Analysis and We Provide a Necessary and Sufficient Condition for Insurance Not to Be Giffen. the Condition Gives a Bound for the Variation of the Absolute Risk Avesion Which Pemits the Wealth Effect to Be Always Dominated by the Subsitution Effect.
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Dans Ce Texte Nous Analysons L'effet D'un Accroissement du Degre de Riscophobie Sur les Activites D'auto-Assurance et D'auto-Protection. Nous Montrons Que Contrairement aux Activites D'auto-Assurance, les Activites D'auto-Protection N'augmentent Pas Necessairement Lorsque le Degre de Riscophobie...
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This book details the research developments in insurance and its related fields. It starts with the history and foundations of insurance theory and moves on to review asymmetric information, risk management, insurance pricing and other advance topics.
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