Title Possibilistic Risk Aversion and Coinsurance Problem
Authors Georgescu, Irina
External publication No
Means Fuzzy Inf. Eng.
Scope Article
Nature Científica
Area International
Publication date 01/06/2013
ISI 000215343900007
DOI 10.1007/s12543-013-0136-2
Abstract The coinsurance problem is an important topic in insurance decisions. A risk-averse agent should choose a coinsurance rate maximizing the expected final wealth. In this paper, we propose a possibilistic model of coinsurance problem. A decision problem whose solution is the optimal coinsurance is formulated. Some of its properties, the calculation modality and its behavior towards the changes of risk aversion are studied.
Keywords Possibilistic risk aversion; Coinsurance rate; Risk premium
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