The optimal insurance demand under an ambiguity aversion
This study investigates insurance demand in a two-period model when a decision-maker (DM) is averse to the ambiguity of loss distributions. This study derives sufficient conditions such that the ambiguity-averse DM purchases more insurance than an ambiguity-neutral one when the DM maximises the expe...
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| Autor Principal: | |
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| Formato: | Artigo |
| Idioma: | Inglês |
| Publicado: |
Emerald Publishing
2022-10-01
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| Series: | Seonmul yeongu |
| Assuntos: | |
| Acceso en liña: | https://www.emerald.com/insight/content/doi/10.1108/JDQS-06-2022-0014/full/pdf |
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