Nous Presentons Dans Cet Article une Analyse de la Securite Routiere Comme Bien Economique En Incorporant les Phenomenes D'externalites et de Risque Moral Qui Y Sont Rattaches. Nous Montrons Comment des Contrats Pareto-Superieurs D'assurance a Plusieurs Periodes Peuvent Etre Definis et Utilises...

This Article Proposes the Family of Probability Distributions Known As the Generalized Beta of the Second Kind (Gb2) As a Principal Set of Distributions for Modeling Insurance Loss Processes. the Gb2 Family Gamma, Encompasses Many Commonly Used Distributions Such As the Log-Normal, Gamma, and...

In a Previous Article (1983), We Indicated That Three Factors Affect the Individual's Choice of Self-Protection Activities, Self-Insurance Activities and Market Insurance: 1- Their Efficiency in Reducing Expected Loss 2- Their Relative Cost 3- and Their Relative Impact on Risk We Proposed a...

In an Important Study Published in 1982, Newhouse, Williams, Bennett and Schwartz (Nwbs Hereafter) Analysed the Geographical Distribution of Physicians Using Us Data and Emphasized That the Physician's Ability to Create Demand Is Neither Necessary Nor Sufficient to Yield a Prediction of...

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...

In 1972, Dreze and Modigliani Generalized the Line of Research Initiated by Leland [5] and Sandmo [8] on the Effects of Income Risk on Consumption. They Gave Necessary and Sufficient Conditions for Consumption to Decrease Under Income Risk. However, They Did Not Cover Extensively the Case of...

This Article Investigates the Practice of Experience Rating by Insurance Companies in the Presence of Symmetric Information Between the Insured and the Insurer. Experience Rating Is Treated As the Acquisition of Information by Both Parties to the Insurance Contract. When the Insured Buys...