1. 205. See id. 206. This is called the Arrow-Pratt approximation. See id. at 11. 207 . Examples of such distributions include normal, lognormal, and gamma distributions. 208 . More precisely, the premium depends on all four central moments of a distribution;Bittker See;ECONOMIC AND FINANCIAL DECISIONS UNDER RISK,2005
2. A Unilateral Accident Model with Ambiguity, 36;See Joshua Teitelbaum;J. LEGAL STUD,2007