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Pareto Efficient Insurance with Multiple Policyholders, Multiple Insurers, and Multiple Indemnity Environments

Zijun Meng

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Abstract: This paper proves a sum-minimization characterization of Pareto efficient insurance with multiple policyholders, multiple insurers, and multiple indemnity environments. We also provide a result regarding the pairwise implementability of the policyholder- and insurer-aggregate level arrangements in the multiple policyholders and multiple insurers setting.

Date: 2026-06
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