Chaudhuri, Ananish; Gangadharan, Lata; Maitra, Pushkar - Department of Econometrics and Business Statistics, … - 2006
We study the relationship between group size and the extent of risk sharing in an insurance game played over a number of periods with random idiosyncratic and aggregate shocks to income in each period. Risk sharing is attained via agents that receive a high endowment in one period making...