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093070 (E41, E50) An option-pricing approach to the cost of export credit insurance : Schich S.T., The Geneva Papers on Risk and Insurance Theory, Vol. 22, No 1, 1997, pp. 43–58

Publisher: Elsevier Science
Year: 1997
Tongue: English
Weight: 94 KB
Volume: 20
Category: Article
ISSN: 0167-6687
DOI: 10.1016/s0167-6687(97)89225-6

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✦ Synopsis

The use of managed care in workers compensation is increasing.

-The health care industry values casualty actuaries' expertise in evaluating specific excess of loss coverages, aggregate excess of loss contracts and alternative risk programs.

-Some state classify health care provider excess insurance as a casualty insurance product.

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## 269 relations over uncertain prospects that (a) are dynamically consistent in the Machina sense and, moreover, for which the updated preferences are also members of this family and (b) can simultaneously accommodate Ellsberg-and Allais-type paradoxes. Replacing the "mixture independence" axiom