教師資料查詢 | 類別: 期刊論文 | 教師: 侯德明 ARTHUR TAK MING HAU (瀏覽個人網頁)

標題:A note on insurance coverage in incomplete markets
學年88
學期1
出版(發表)日期1999/10/01
作品名稱A note on insurance coverage in incomplete markets
作品名稱(其他語言)
著者侯德明; Hau, Arthur
單位淡江大學產業經濟學系
出版者Chattanooga: Southern Economic Association
著錄名稱、卷期、頁數Southern economic journal 66(2), pp.433-441
摘要In this paper, "full insurance coverage on average" is defined as the coinsurance rate that eliminates all insurable risk when the uninsurable risk is evaluated at its mean. The regressibility assumption is used to derive the conditions on the correlation between background and insurable risks and the actuarial unfairness of insurance under which full, over~. or underinsurance on average is optimal. These conditions are compared to those for the case of default risk. Together, they explain intuitively the different results under the cases of background risk and default risk obtained in the literature.
關鍵字
語言英文
ISSN0038-4038
期刊性質國外
收錄於
產學合作
通訊作者
審稿制度
國別美國
公開徵稿
出版型式紙本
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