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Financial regulation has dramatically evolved and strengthened since the crisis on both sides of the Atlantic, with enhanced international coordination through the G-20 and the Financial Stability Board and, at the regional level, a definite contribution from the European Union. However the new...
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We defend, from a contractarian perspective, that the fair price of an insurance policy is the amount that the contracting parties agree when they are both equally uncertain about the insured event. Drawing on the approach developed by R. Sugden in The Community of Advantage, we answer two...
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[fre] La crise advient quand la prévention des risques a été défaillante. Elle constitue aussi un moment normal du cycle économique d’après les théories qui en rendent compte. Dans un univers économique où les connaissances incertaines se focalisent sur les éléments récurrents et...
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