Golubin, A. Y. - In: Journal of Risk & Insurance 73 (2006) 3, pp. 469-487
This article analyzes the problem of designing Pareto-optimal insurance policies when both the insurer and the insured are risk averse and the premium is calculated as a function of the actuarial value of the insurer's risk. Two models are considered: in the first, the set of admissible policies...