Bosi, Gianni; Zuanon, MagalĂ - In: Economics Bulletin 32 (2012) 4, pp. 3158-3165
The so called "Wang premium" is the well known principle of premium calculation expressed by means of the Choquet integral with respect to a (concave) distorted probability. In this paper we present a simple axiomatization of a sublinear Wang premium which is based on considerations related to...