EconPapers    
Economics at your fingertips  
 

On insurance contract design for low probability events

Eric Langlais

No 2008-33, EconomiX Working Papers from University of Paris Nanterre, EconomiX

Abstract: This paper extends the analysis of insurance contracts design to the case of "low probability events", when there is a probability mass on the event "no accident-zero loss". The optimality of the deductible clause is discussed both at the theoretical and empirical levels.

Keywords: Optimal insurance design; low probability events; insurance coverage for catastrophic risks (search for similar items in EconPapers)
JEL-codes: D80 D81 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2008
New Economics Papers: this item is included in nep-ias
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://economix.fr/pdf/dt/2008/WP_EcoX_2008-33.pdf (application/pdf)

Related works:
Journal Article: ON INSURANCE CONTRACT DESIGN FOR LOW PROBABILITY EVENTS (2008) Downloads
Working Paper: On insurance contract design for low probability events (2008) Downloads
Working Paper: On insurance contract design for low probability events (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:drm:wpaper:2008-33

Access Statistics for this paper

More papers in EconomiX Working Papers from University of Paris Nanterre, EconomiX Contact information at EDIRC.
Bibliographic data for series maintained by Valerie Mignon ( this e-mail address is bad, please contact ).

 
Page updated 2024-11-06
Handle: RePEc:drm:wpaper:2008-33