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Home equity insurance policies, policies insuring homeowners against declines in the price of their homes, would bear … some resemblance both to ordinary insurance and to financial hedging vehicles. A menu of choices for the design of such … insurance company in effect serves as a retailer to homeowners of short positions in real estate futures markets or of put …
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. As an example, we present applications of affective decision-making in insurance markets, where the risk perceptions of …
Persistent link: https://www.econbiz.de/10005593233
. As an example, we present applications of affective decision-making in insurance markets, where the risk perceptions of …
Persistent link: https://www.econbiz.de/10005593304
's deliveries are the same at all pools. The Rothschild-Stiglitz model of insurance is included as a special case. We show that by …
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insurance markets, where risk perceptions are endogenous. …
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's deliveries are the same at all pools. The Rothschild-Stiglitz model of insurance is included as a special case. We show that by …
Persistent link: https://www.econbiz.de/10004990814
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