Partage des risques et création de valeur ajoutée
Abstract[fre] Partage des risques et crÃ©ation de valeur ajoutÃ©e. . Les notions de prix d'achat et de prix de vente d'une loterie sont prÃ©sentÃ©es pour dÃ©finir les conditions d'un transfert de risque entre deux agents.. L'Ã©change optimal consiste, dans cet article, Ã maximiser la valeur ajoutÃ©e crÃ©Ã©e par le transfert. Nous montrons sous des hypothÃ¨ses concernant la forme de l'Ã©change (transfert proportionnel) qu'il existe une solution unique Ã ce problÃ¨me d'optimisation.. Nous prÃ©sentons plusieurs exemples d'application permettant de prÃ©ciser l'importance de la valeur ajoutÃ©e crÃ©Ã©e par le transfert de risque. [eng] Risk sharing and value-added creation . . Asking and bid priees of a lottery are used to analyze the exchange of risks between two agents. The optimum trade is defined by the maximization of the value-added created by the transfer. As is usual, this value-added is measured by the difference between asking and bid priees. We prove that under a proportional transfer, the maximization problem has a unique solution. Several examples are provided, which illustrate the value-added created by the exchange.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): n° 45 (1994)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-economique.htm
Other versions of this item:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Moez Abouda & Alain Chateauneuf, 2002. "Positivity of bid-ask spreads and symmetrical monotone risk aversion ," Theory and Decision, Springer, vol. 52(2), pages 149-170, March.
- repec:hal:cepnwp:halshs-00447516 is not listed on IDEAS
- repec:hal:wpaper:halshs-00447516 is not listed on IDEAS
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.