Multivariate risk sharing and the derivation of individually rational Pareto optima
Considering that a natural way of sharing risks in insurance companies is to require risk by risk Pareto optimality, we offer in case of strong risk aversion, a simple computable method for deriving all Pareto optima. More importantly all Individually Rational Pareto optima can be computed according to our method.
|Date of creation:||Jan 2014|
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- Alain Chateauneuf & Rose Anne Dana & Jean-Marc Tallon, 2000.
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Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers)
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- repec:hal:journl:halshs-00451997 is not listed on IDEAS
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