Title Optimal Prevention with Possibilistic and Mixed Background Risk
Authors Georgescu, Irina , LUCIA CASADEMUNT, ANA MARÍA
External publication No
Means New Math. Nat. Comput.
Scope Article
Nature Científica
SJR Quartile 3
SJR Impact 0.21000
Web https://www.scopus.com/inward/record.uri?eid=2-s2.0-85044122418&doi=10.1142%2fS1793005718500035&partnerID=40&md5=546b99f2249c86fdd360ef76ffcc07a4
Publication date 01/03/2018
ISI 000427317200003
Scopus Id 2-s2.0-85044122418
DOI 10.1142/S1793005718500035
Abstract In this paper, the effect of posibilistic or mixed background risk on the level of optimal prevention is studied. In the framework of five purely possibilistic or mixed models, necessary and sufficient conditions are found such that the level of optimal saving decreases or increases as a result of the actions of various types of background risk. This way our results complete those obtained by Courbage and Rey for some prevention models with probabilistic background risk.
Keywords Possibilistic background risk; optimal prevention; optimal saving
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