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Incompleteness in Insurance: An Analysis of the Multiplicative Case

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  • Ramaswami, Bharat
  • Roe, Terry L.

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  • Ramaswami, Bharat & Roe, Terry L., 1989. "Incompleteness in Insurance: An Analysis of the Multiplicative Case," Bulletins 7492, University of Minnesota, Economic Development Center.
    • Handle: RePEc:ags:umedbu:7492
    DOI: 10.22004/ag.econ.7492
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    File URL: https://ageconsearch.umn.edu/record/7492/files/edc89-07.pdf
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    References listed on IDEAS

    as
    1. Imai, Haruo & Geanakoplos, John & Ito, Takatoshi, 1981. "Incomplete insurance and absolute risk aversion," Economics Letters, Elsevier, vol. 8(2), pages 107-112.
    2. Rogerson, William P, 1985. "The First-Order Approach to Principal-Agent Problems," Econometrica, Econometric Society, vol. 53(6), pages 1357-1367, November.
    3. Mayers, David & Smith, Clifford W, Jr, 1983. "The Interdependence of Individual Portfolio Decisions and the Demand for Insurance," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 304-311, April.
    4. Doherty, Neil A & Schlesinger, Harris, 1983. "Optimal Insurance in Incomplete Markets," Journal of Political Economy, University of Chicago Press, vol. 91(6), pages 1045-1054, December.
    5. Turnbull, S M, 1983. "Additional Aspects of Rational Insurance Purchasing," The Journal of Business, University of Chicago Press, vol. 56(2), pages 217-229, April.
    6. Ross, Stephen A, 1981. "Some Stronger Measures of Risk Aversion in the Small and the Large with Applications," Econometrica, Econometric Society, vol. 49(3), pages 621-638, May.
    7. Losq, Etienne, 1982. "Hedging with price and output uncertainty," Economics Letters, Elsevier, vol. 10(1-2), pages 65-70.
    8. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    9. Kihlstrom, Richard E & Romer, David & Williams, Steve, 1981. "Risk Aversion with Random Initial Wealth," Econometrica, Econometric Society, vol. 49(4), pages 911-920, June.
    10. Ronald W. Anderson & Jean-Pierre Danthine, 1983. "The Time Pattern of Hedging and the Volatility of Futures Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(2), pages 249-266.
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    Keywords

    Risk and Uncertainty;

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