Risk‐layering and optimal insurance uptake under ambiguity: With an application to farmers exposed to drought risk in Austria
Author:
Affiliation:
1. Department of Statistics and Actuarial Science University of Waterloo Waterloo Ontario Canada
2. ISOR University of Vienna Vienna Austria
3. IIASA International Institute for Applied Systems Analysis Laxenburg Austria
Funder
International Institute for Applied Systems Analysis
Publisher
Wiley
Subject
Physiology (medical),Safety, Risk, Reliability and Quality
Link
https://onlinelibrary.wiley.com/doi/pdf/10.1111/risa.13884
Reference91 articles.
1. The Effect of Ambiguity Aversion on Insurance and Self‐protection
2. Uncertainty and the welfare economics of medical care;Arrow K. J.;American Economic Review,1963
3. UNCERTAINTY AVERSION AND PORTFOLIO INERTIA
4. Robust and Pareto optimality of insurance contracts
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