Centro de Documentacion de Fundación MAPFRE - Decision theories and probabilistic insurance : an experimental test

Notes: 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 insuranceRelated records: 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. 35-52Materia / lugar / evento: Estudios Teoría del riesgo Modelos probabílisticos Contrato de seguro Prospectiva Otros autores: Tomás, Josefa
Villar, Antonio
Secondary titles: Título: Revista española de economía
Other categories: 13