Computing Optimal Insurance Contract in Closed System

In this paper I study computational procedures of finding the set of payoff achieved in an equilibrium of a risk sharing Kocherlakota (1996) game. Instead of using some procedure involving iterations on the sets using an APS operator, I interpret the game as a renegotiable contract and then using the ergodic properties of this contract devise a computational procedure as a static optimization problem

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Year of publication:	[2008]
Authors:	Kalesnik, Vitali
Publisher:	[2008]: [S.l.] : SSRN

Extent:	1 Online-Ressource (13 p)
Type of publication:	Book / Working Paper
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 08/13/2003 erstellt
Other identifiers:	10.2139/ssrn.1086500 [DOI]
Classification:	C73 - Stochastic and Dynamic Games ; D82 - Asymmetric and Private Information ; E20 - Consumption, Saving, Production, Employment, and Investment. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012725776