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Economic growth has been shown to be an important factor that explains changes in mortality probabilities. Economic growth is commonly measured via the Gross National Product (GDP), but this paper argues that the Consumer Price Index (CPI) is a more natural factor to explain mortality dynamics....
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This paper studies the problem of optimal reinsurance contract design. We let the insurer use dual utility, and the premium is an extended Wang's premiumprinciple. The novel contribution is that we allow for heterogeneity in the beliefs regarding the underlying probability distribution. We...
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