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Decision theories and probabilistic insurance : an experimental test
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MAP20071507868
Herrero, Carmen ‌
Decision theories and probabilistic insurance : an experimental test / Carmen Herrero, Josefa Tomás and Antonio Villar
This paper reports the results of an experiment in which probabilistic insurance is compared both with full insurance and no insurance. The experimental results conform to the intuitive prediction that risk-averse agents who are indifferent between full insurance and no insurance, will prefer full insurance to probabilistic insurance and probabilistic insurance to no insurance
En: Spanish Economic Review = Revista española de economía. - Barcelona : Universidad Autónoma de Barcelona, Departamento de Economía e Historia Económica. - Vol. 8, issue 1, March 2006; p. 35-52
1. Estudios ‌. 2. Teoría del riesgo ‌. 3. Modelos probabílisticos ‌. 4. Contrato de seguro ‌. 5. Prospectiva ‌. I. Tomás, Josefa ‌. II. Villar, Antonio ‌. III. Title. IV. Título: Revista española de economía.