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Espérance d'utilité et théorie duale de Yaari : implication pour la demande d'assurance

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  • Louis Eeckhoudt
  • Neil Doherty

Abstract

[fre] Dans cette contribution, nous confrontons les implications de deux modèles de choix en incertitude pour l'analyse des comportements de demande d'assu­rance.. Bien que les deux modèles soient conceptuellement très différents, ils produisent le plus souvent des résultats qualitativement semblables. [eng] Expected utility and Yaart's dual theory : implications for insurance demand. In this paper, we compare the implications of two models of choice under risk to analyse insurance demand. Although the models are conceptually very different, they most of the time produce qualitatively similar results.

Suggested Citation

  • Louis Eeckhoudt & Neil Doherty, 1995. "Espérance d'utilité et théorie duale de Yaari : implication pour la demande d'assurance," Revue Économique, Programme National Persée, vol. 46(3), pages 933-938.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1995_num_46_3_409708
    DOI: 10.3406/reco.1995.409708
    Note: DOI:10.3406/reco.1995.409708
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    References listed on IDEAS

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    1. Yaari, Menahem E, 1987. "The Dual Theory of Choice under Risk," Econometrica, Econometric Society, vol. 55(1), pages 95-115, January.
    2. Doherty, Neil A & Eeckhoudt, Louis, 1995. "Optimal Insurance without Expected Utility: The Dual Theory and the Linearity of Insurance Contracts," Journal of Risk and Uncertainty, Springer, vol. 10(2), pages 157-179, March.
    3. Mayers, David & Smith, Clifford W, Jr, 1983. "The Interdependence of Individual Portfolio Decisions and the Demand for Insurance," Journal of Political Economy, University of Chicago Press, vol. 91(2), pages 304-311, April.
    4. Doherty, Neil A & Schlesinger, Harris, 1983. "Optimal Insurance in Incomplete Markets," Journal of Political Economy, University of Chicago Press, vol. 91(6), pages 1045-1054, December.
    5. Briys, Eric & Dionne, Georges & Eeckhoudt, Louis, 1989. "More on Insurance as a Giffen Good," Journal of Risk and Uncertainty, Springer, vol. 2(4), pages 415-420, December.
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    Cited by:

    1. Plisson, Manuel, 2009. "Assurabilité et développement de l'assurance dépendance," Economics Thesis from University Paris Dauphine, Paris Dauphine University, number 123456789/5064 edited by Lorenzi, Jean-Hervé.
    2. repec:dau:papers:123456789/6796 is not listed on IDEAS

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