Konstantinides, Dimitrios; Kountzakis, Christos - In: Decisions in Economics and Finance 37 (2014) 2, pp. 287-318
In this article, we propose a class of convex risk measures defined on appropriate wedges of a space of financial positions which denote the cumulative surplus variables created by undertaking risks by either an insurance or a reinsurance company. The form of the wedge which is the domain of...
