OPTIMAL INSURANCE DESIGN UNDER RANK-DEPENDENT EXPECTED UTILITY

Author:

Bernard Carole1,He Xuedong2,Yan Jia-An3,Zhou Xun Yu4

Affiliation:

1. University of Waterloo

2. Columbia University

3. Chinese Academy of Sciences

4. The Chinese University of Hong Kong and University of Oxford

Publisher

Wiley

Subject

Applied Mathematics,Economics and Econometrics,Social Sciences (miscellaneous),Finance,Accounting

Reference54 articles.

1. Parameter-Free Elicitation of Utility and Probability Weighting Functions;Abdellaoui;Manage. Sci.,2000

2. Loss Aversion under Prospect Theory: A Parameter-Free Measurement;Abdellaoui;Manage. Sci.,2007

3. Le Comportement de l’Homme Rationnel devant le Risque: Critique des Postulats et Axiomes de l’Ecole Americaine;Allais;Econometrica,1953

4. Uncertainty and the Welfare Economics of Medical Care;Arrow;Am. Econ. Rev.,1963

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