Seção: ArtigosTítulo: Minimal representation of insurance prices / Alois Pichler, Alexander ShapiroAutor: Pichler, AloisNotas: Sumario: This paper prices insurance contracts by employing law invariant, coherent risk measures from mathematical finance. We demonstrate that the corresponding premium principle enjoys a minimal representation. Uniquenessin a sense specified in the paperof this premium principle is derived from this initial result. The representations are derived from a result by Kusuoka, which is usually given for nonatomic probability spaces. We extend this setting to premium principles for spaces with atoms, as this is of particular importance for insurance.Registros relacionados: En: Insurance : mathematics and economics. - Oxford : Elsevier, 1990- = ISSN 0167-6687. - 04/05/2015 Volumen 62 - mayo 2015 Outras classificações: 6Direitos: In Copyright (InC)Referencias externas:
