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文章基本信息

  • 标题:Robust insurance mechanisms and the shadow prices of information constraints
  • 本地全文:下载
  • 作者:I. V. Evstigneev ; W. K. Klein Haneveld ; L. J. Mirman
  • 期刊名称:Advances in Decision Sciences
  • 印刷版ISSN:2090-3359
  • 电子版ISSN:2090-3367
  • 出版年度:1999
  • 卷号:3
  • DOI:10.1155/S1173912699000061
  • 出版社:Hindawi Publishing Corporation
  • 摘要:We consider a risky economic project that may yield either profits or losses, depending on random events. We study an insurance mechanism under which the plan of project implementation maximizing the expected value of profits becomes optimal almost surely. The mechanism is linear in the decision variables, “actuarially fair” and robust to changes in the utility function.
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