A managerial approach to risk theory: Some suggestions from the theory of financial desicions (Q1116618)

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scientific article; zbMATH DE number 4090651
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English
A managerial approach to risk theory: Some suggestions from the theory of financial desicions
scientific article; zbMATH DE number 4090651

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    A managerial approach to risk theory: Some suggestions from the theory of financial desicions (English)
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    1989
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    As suggested by the theory of financial economics, strategic decisions of an insurance company should aim to maximize the market value of the company. This simple idea could be advantageously applied to a key problem of ruin theory; that is, the choice of the optimal level of surplus of an insurance company.
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    risk theory
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    surplus-dividend strategies
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    market value
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    ruin theory
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