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Transfert de risques et création de surplus

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  • Jean-Michel Courtault

    (CEPN - Centre d'Economie de l'Université Paris Nord (ancienne affiliation) - UP13 - Université Paris 13 - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Pascal Gayant

    (GAINS - Groupe d'Analyse des Itinéraires et des Niveaux Salariaux - UM - Le Mans Université)

Abstract

In this paper, we use the certain benefit function of Luenberger, which is a generalization of the notion of distributable surplus by Allais, to characterize the classical notions of willingness to pay and willingness to accept. These concepts allow us to study the transfer of one or several risks between two agents or more. Specifically, we determine the conditions under which the maximization of the total distributable surplus leads to a Pareto efficient allocation of risks.

Suggested Citation

  • Jean-Michel Courtault & Jean-Pascal Gayant, 1997. "Transfert de risques et création de surplus," CEPN Working Papers halshs-00447516, HAL.
    • Handle: RePEc:hal:cepnwp:halshs-00447516
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00447516
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    References listed on IDEAS

    as
    1. Louis Eeckhoudt & Patrick Roger, 1994. "Partage des risques et création de valeur ajoutée," Revue Économique, Programme National Persée, vol. 45(1), pages 5-20.
    2. Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762.
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