Centro de Documentacion de Fundación MAPFRE - Risk-sharing rules and their properties, with applications to peer-to-peer insurance

MAP20220023429

Risk-sharing rules and their properties, with applications to peer-to-peer insurance / Michel Denuit, Jan Dhaene, Christian Y. Robert

Sumario: This paper offers a systematic treatment of risk-sharing rules for insurance losses, based on a list of relevant properties. A number of candidate risk-sharing rules are considered, including the conditional mean risk-sharing rule proposed in Denuit and Dhaene and the newly introduced quantile risk-sharing rule. Their compliance with the proposed properties is established. Then, methods for building new risk-sharing rules are discussed. The results derived in this paper are helpful in the development of peer-to-peer insurance (or crowdsurance), as well as to manage contingent risk funds where a given budget is distributed among claimants.

En: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 05/09/2022 Volumen 89 Número 3 - septiembre 2022 , p. 615-667

1. Mercado de seguros . 2. Pago por uso . I. Título.