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Beyond Testing: Empirical Models of Insurance Markets
asymmetric information adverse selection
2015/7/17
We describe recent advances in the empirical analysis of insurance
markets. This new research proposes ways to estimate individual
demand for insurance and the relationship between prices and
insur...
Information-based models for finance and insurance
Information-based models finance insurance
2010/10/22
In financial markets, the information that traders have about an asset is reflected in its price. The arrival of new information then leads to price changes. The `information-based framework' of Brod...
Optimal reinsurance/investment problems for general insurance models
Optimal reinsurance investment problems general insurance models
2010/11/2
In this paper the utility optimization problem for a general insur-ance model is studied. The reserve process of the insurance company is described by a stochastic differential equation driven by a Br...